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Thai business group revises 2022 GDP growth outlook to 3.0-3.5%

Thai business group revises 2022 GDP growth outlook to 3.0-3.5%

FILE PHOTO: A man stands outside his apartment as people who have tested positive for the coronavirus disease (COVID-19) wait for paperwork to be processed by authorities before they are sent to a hospital, in Bangkok, Thailand May 17, 2021. REUTERS/Soe Zeya Tun

BANGKOK : Thailand's economy is expected to grow 3.0 per cent to 3.5 per cent this year, a slight improvement from a previous forecast of 2.75 per cent to 3.5 per cent, helped by a pickup in the vital tourism sector, a leading joint business group said on Wednesday.

The number of foreign tourists is expected at 9 to 10 million this year, according to the group, which has representatives drawn from industry, banking and commerce

Source: Reuters
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