Thailand cuts 2015 GDP forecast


BANGKOK: Thailand’s finance ministry has cut its economic growth forecast for the third time this year as a poor performance from the export sector slowed expansion in the trade-dependent economy.

The government of Prime Minister Prayuth Chan-ocha is coming under increasing public pressure to deal with the country’s stubbornly weak economy. Prayuth hinted on Monday at a cabinet change in September.

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Business , Thailand , economy

   

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