World Bank cuts Thai GDP growth outlook to 2.8% this year

by Aurelia Butler 1 April 2024, 02:05 99 Views

BANGKOK (Reuters) – Thailand’s economic growth is expected at 2.8% this year before accelerating to 3.0% in 2025, the World Bank said on Monday.

The growth outlook for 2024 and 2025 was reduced from 3.2% and 3.1% respectively, as forecast in December. Southeast Asia’s second-largest economy expanded 1.9% in 2023.

Source: Economy - investing.com

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World Bank cuts Thai GDP growth outlook to 2.8% this year

Japan’s finance minister sees ‘speculative’ moves in currency market

Hong Kong’s port loses ground as exporters pivot to mainland China

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