BANGKOK, Sept. 29 (Xinhua) -- Thailand's Finance Ministry said on Tuesday that with numerous stimulus measures rolled out by the government, the Thai economy is likely to shrink less than the 8.5 percent projected earlier this year.
The ministry shared a similar forecast with the Bank of Thailand that the Thai economy may shrink 7.8 percent this year compared to a previous forecast for a record 8.5-percent contraction, said Lavaron Sangsnit, the director-general of the ministry's Fiscal Policy Office.
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