BANGKOK: Thailand's finance ministry on Friday maintained its 2022 economic growth forecast at 4.0%, driven by a recovery in domestic spending and tourism, with COVID-19 outbreaks driven by the Omicron variant yet to have a significant impact.
The ministry still forecast the tourism-reliant country to receive 7 million foreign visitors this year, helped by the resumption of a quarantine waiver from Feb. 1, said Pornchai Theeravet, head of the ministry's fiscal policy office.
Already a subscriber? Log in
5.5 PAYDAY OFFER: 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
