Risks to the growth outlook are tilted to the downside stemming from the impact of the global economic slowdown, current trade tensions and weak domestic demand, the IMF said.
BANGKOK: Thailand’s economic growth rate could slow to 2.9% this year and be 3% in 2020, reflecting external and domestic headwinds, the International Monetary Fund (IMF) said.
Last year’s growth for South-East Asia’s second-biggest economy was 4.1%.
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