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PM Prayut predicts economy will shrink less than 10% in 2020


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Posted
5 hours ago, webfact said:

PM predicts economy will shrink less than 10% in 2020

The memo has gone out to "massage the figures" so Thais don't start to panic and international markets don't react.

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Posted

Thanks to its strong economic fundamentals and effective handling of the Covid-19 outbreak? 

Well, 18% of the GDP; the complete absence of dirty farangs dropped that to a meagre 5%-6%, generated by the locals. 

Export is another nosedive and the strong Thai Baht also had counterproductive effects. 

Question is: which crystal balls are used down at the government house these days? 

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Posted

A post dragging Mr Trump into the topic has been removed

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"Smoke me a kipper, I'll be back for breakfast!"

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