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Thai government expects at least 3per cent GDP growth this year

Thai government expects at least 3per cent GDP growth this year

FILE PHOTO: A view of Bangkok's port amid the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, June 21, 2020. REUTERS/Athit Perawongmetha

BANGKOK : Thailand expects the economy to grow no less than 3per cent this year, helped by a raft of support measures to mitigate the impact of soaring oil prices, a government spokesman said on Wednesday.

The measures, approved on Tuesday, would be worth at least 50 billion baht ($1.49 billion) and help at least 40 million people, Thanakorn Wangboonkongchana said in a statement.

($1 = 33.62 baht)

(Reporting by Panarat Thepgumpanat; Writing by Orathai Sriring; Editing by Martin Petty)

Source: Reuters

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