Pridiyathorn forecasts 4 per cent growth next year
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The Thai economy will grow by 4 per cent next year and could be even higher if investment projects across the country are approved, Deputy Prime Minister Pridiyathorn Devakula has forecasted.
He was delivering a speech at an economic seminar during which he highlighted the obstacles Thailand has had to overcome. They included the political turmoil in the most recent seven months and the lagging global economy, which have contributed to growth of only 2 per cent this year.
Pridiyathorn was confident that the expeditious disbursement of this year’s fiscal budget would be able to stimulate the Thai economy, contributing to growth of 4% next year. He said growth could be even higher if investment projects across the country are approved.
