BOT maintains growth projection

FRIDAY, SEPTEMBER 26, 2014
BOT maintains growth projection

The Bank of Thailand has maintained the economic growth projection for 2014 at 1.5 per cent, thanks mainly to stronger-than-expected domestic demand.

However, according to the September 2014 issue of the Monetary Policy Report, it lowers the projection for 2015 from 5.5 per cent to 4.8 per cent.
"The projection assumes risks in 2014 to be skewed to the downside, as exports could be affected by supply-side constraints more than expected, and government investment projects might not be expedited as much as expected," said Mathee Supapongse, assistant governor of the Bank of Thailand (BOT) and secretary of the Monetary Policy Committee (MPC).
The Nation