Thailand's economy to grow 3.6 per cent in 2023, says World Bank


BANGKOK, April 1 (Xinhua): The World Bank expected Thailand's economy to grow 3.6 per cent year on year in 2023, accelerating from 2.6 percent in 2022, supported by domestic consumption, tourism recovery and pent-up demand in China.

The faster growth will come from stronger domestic private consumption and revival of tourism, the World Bank East Asia and Pacific Chief Economist Aaditya Mattoo said at a virtual press conference Friday, when the bank released its latest East Asia and the Pacific Economic Update report.

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