BoT predicts Thai economy this year will grow continuously

By k on June 18, 2010

BANGKOK, 18 June 2010 (NNT) –The Bank of Thailand (BoT) foresees Thai economy in the latter half of this year to expand continuously but the risk from global economic improvement, drought and tourism crisis are the factors to be watched closely.

The BoT Deputy Governor Bandit Nijthaworn anticipated Thai economic situation for the remaining months of the year with various supporting factors such as the government’s expenditure and the low interest rate would result in the rise of economic trend.

He said however some risks needed to monitor closely particularly unclear global economic recovery, drought crisis, tourism deadlock, and private sector’s confidence. Meanwhile, on 14 July the Board of Monetary Policy will have a meeting to consider the economic trend and inflation so that the interest rate will be designed whether the adjustment is required for maintaining sustainable economy.

Kbank sees Thai economy growing 2.5-3.5% next year BANGKOK, Nov 12 (TNA) – Thailand’s economy is likely to...
Thai economy recovers because of low interest, says economist BANGKOK, Sept 24 (TNA) – The Thai economy has recovered...
Thai economy projected to grow by 5-6 per cent in 2010 BANGKOK, June 29 (TNA) – The Thai economy this year...
Thai economy to contract 2.7% this year: World Bank expand 3.5 per cent in 2010, said the World Bank....
Thai central bank keep policy interest rate unchanged at 1.25% BANGKOK, Jan 13 (TNA) – The Bank of Thailand (BoT)...

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