World Bank keeps Thai GDP growth outlook at 2.9% this year

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BANGKOK : Thailand's economy is expected to grow 2.9 per cent this year, unchanged from a forecast in April, supported by private consumption and tourism recovery, the World Bank said on Wednesday.Southeast Asia's second-largest economy is projected to reach pre-pandemic levels in the fourth quarter of 20

BANGKOK : Thailand's economy is expected to grow 2.9 per cent this year, unchanged from a forecast in April, supported by private consumption and tourism recovery, the World Bank said on Wednesday.

The number of tourist arrivals is expected to climb to 6 million this year, up from 0.4 million in 2021, and reach 24 million, or around 60 per cent of pre-pandemic levels, by 2024.

 

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