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Thai central bank raises GDP growth forecast to 4.4%


The Bank of Thailand (BoT) now expects exports – a key growth driver – to increase 9% this year, rather than 7% seen three months earlier.

The Bank of Thailand (BoT) now expects exports – a key growth driver – to increase 9% this year, rather than 7% seen three months earlier.

BANGKOK: Thailand’s central bank has raised its 2018 economic growth forecast for the fifth time to 4.4%, from 4.1% projected in March, following stronger than expected expansion in the first quarter.

The Bank of Thailand (BoT) now expects exports – a key growth driver – to increase 9% this year, rather than 7% seen three months earlier.

Economy , Thailand

   

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