Finance minister assures 3.5% growth
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Finance Minister Sommai Phasee reiterated his confidence that the Thai economy would expand by 3.5 per cent this year.
He said that growth is apparent compared to the 0.7 per cent expansion last year.
He admitted that global economic activities in 2015 are slower than last year. But as many countries like Malaysia, South Korea and China are bracing for slower growth, Thailand has resurrected.
He also said that deflation is not Thailand's problem, but lower inflation rate indicates the slowdown in economic activities.
He further revealed that stimulus measures for the agricultural sector and SME operators should be launched within this year.
