Thai Finance Ministry maintains 2022 GDP forecast as Covid-19 cases eases in country


Image from The Nation Thailand/ANN

BANGKOK, Jan 29 (Bloomberg): Thailand’s finance ministry on Saturday maintained its economic growth outlook this year as the easing Covid-19 situation is expected to support local spending and a tentative resumption of tourism.

The ministry maintained its forecast for 2022 gross domestic product growth at 4%, according to Pornchai Thiraveja, director general of the ministry’s fiscal policy office. It also revised its 2021 estimate to 1.2% expansion from 1%, supported by exports and fiscal measures.

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