The Finance Ministry has estimated economic growth will be in a range of 3.8% to 4%, down from its 4.5% earlier projection.
Thailand’s economy will rebound next year on the back of the global recovery, says Mr Ekniti. PAWAT LAOPAISARNTAKSIN
Ekniti Nitithanprapas, deputy director-general of the Fiscal Policy Office (FPO), said since exports and tourism account for 73% of gross domestic product (GDP), the global economic slowdown could take a toll on the Thai economy.
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