Thai finance ministry raises 2025 growth forecast to 2.2%
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Thai finance ministry raises 2025 growth forecast to 2.2%
Thailand’s economy is expected to grow 2.2% this year, slightly higher than a previous forecast of 2.1%. Exports, a key driver of Thai growth, are expected to rise 5.5%. Southeast Asia’s second-largest economy expanded 2.5% last year, lagging peers.
BANGKOK, July 30 (Reuters) – Thailand’s economy is expected to grow 2.2% this year, slightly higher than a previous forecast of 2.1%, the finance ministry said on Wednesday.
Exports, a key driver of Thai growth, are expected to rise 5.5% this year, up from an earlier forecast of 2.3%, Pornchai Thiraveja, head of the finance ministry’s fiscal policy office, told a press conference.
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Foreign tourist arrivals were seen at 34.5 million, down from 36.5 million in the May forecast.
Southeast Asia’s second-largest economy expanded 2.5% last year, lagging peers.
Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; Editing by David Stanway
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Thai finance ministry raises 2025 growth forecast to 2.2%
Thailand’s economy is expected to grow 2.2 per cent this year, slightly higher than a previous forecast of 2.1 per cent. Exports, a key driver of Thai growth, are expected to rise 5.5 per
Exports, a key driver of Thai growth, are expected to rise 5.5 per cent this year, up from an earlier forecast of 2.3 per cent, Pornchai Thiraveja, head of the finance ministry’s fiscal policy office, told a press conference.
Foreign tourist arrivals were seen at 34.5 million, down from 36.5 million in the May forecast.
Southeast Asia’s second-largest economy expanded 2.5 per cent last year, lagging peers.