TCC: Strong Thailand scheme will boost Thai economy
| BANGKOK, 17 September 2009 (NNT) – The Thai Chamber of Commerce (TCC) has pointed out that the Thai economy had a tendency to have positive growth due to the economic stimulus Strong Thailand scheme.
TCC Honorary Advisor Ajva Taolanond stated that the national economy was recovering and was likely to turn to a positive in the fourth quarter of this year, making Thai economic figures throughout the year to stand at -3.5% to -4%. As for the economic growth of 2010, Mr Ajva forecast that it would be around 2-3% depending on political situations. He added that private sector investment would rebound in the beginning of next year after the Strong Thailand scheme was fully implemented. Mr Ajva added that the national economic downturn during these 2-3 years in Thailand had been caused by the global financial crisis and the 2006 coup d’état. |
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