Government Maintains Economic Growth Target of 4% This Year

[rooster59]

Government Maintains Economic Growth Target of 4% This Year

Paphamon Arayasukawat

 

 

BANGKOK (NNT) -The government has pledged to revitalize tourism, stimulate domestic spending, and spur exports and investment to help economic growth reach its 4% target this year.

 

Deputy Prime Minister Supattanapong Punmeechaow said the government still maintains an economic growth target of 4% although various economic forecasting agencies have downgraded their outlook to only 2.7-3% growth.

 

According to Mr Supattanapong, three factors -- exports, domestic tourism and the government’s stimulus measures -- will help speed up Thai economic growth in the remaining 10 months.

 

He said exports in particular are expected to recover to growth this year, driven by rising world trade and a recovering global economy, adding that Thailand’s exports, notably those bound for emerging markets, should be sped up.

 

He said the government also aims to stimulate domestic tourism as fast as possible to generate income for the country by implementing additional stimulus measures to increase activities.

 

-- © Copyright NNT 2021-03-07

 

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[YetAnother]

12 minutes ago, rooster59 said:

The government has pledged to revitalize tourism, stimulate domestic spending, and spur exports and investment to help economic growth reach its 4% target this year.

at the end of the day , when all is said and done, a lot more is said than done

[ozz1]

don't like there chances on that unless the baht drops and the tourists return but at the moment no one is going too far and the domestic market won't cover the short fall 

[Surelynot]

3 hours ago, YetAnother said:

at the end of the day , when all is said and done, a lot more is said than done

Must remember that...555

[Surelynot]

"Target" implies there is also a plan to achieve said target........is there a plan?.........I think these headlines should read...... hoping for....or guessing that....or might be about.......

[mr mr]

3 hours ago, rooster59 said:

He said the government also aims to stimulate domestic tourism as fast as possible to generate income for the country by implementing additional stimulus measures to increase activities.

 

unless you are going to cover the entire loss of revenue from 30 odd million people coming here good luck skipper.

 

 

[Taswegian23]

8 hours ago, rooster59 said:

BANGKOK (NNT) -The government has pledged to revitalize tourism, stimulate domestic spending, and spur exports and investment to help economic growth reach its 4% target this year.

 

Good luck with that...…

[Knocker33]

Oh think I will bookmark this thread  and come back to it next year

[ThailandRyan]

I am trying to maintain my belly's growth at 4 percent per year as well, but may just fall short of that growth goal said Deputy Prime Minister Supattanapong Punmeechaow, however DPM Prawit is on target to expand his as well as his collection of watches.

[Surelynot]

1 minute ago, ThailandRyan said:

DPM Prawit is on target to expand his as well as his collection of watches.

Longer arms might help

[ThailandRyan]

4 minutes ago, Surelynot said:

Longer arms might help

Sorta looks like a T-Rex now, or am I just seeing things.

[sammieuk1]

Almost a certainty of 4% growth but only in some trouser pockets ????

[RichardColeman]

can't help but think when they do open up again to full tourism they will be quoting 54% growth

[off road pat]

1 hour ago, ThailandRyan said:

I am trying to maintain my belly's growth at 4 percent per year as well, but may just fall short of that growth goal said Deputy Prime Minister Supattanapong Punmeechaow, however DPM Prawit is on target to expand his as well as his collection of watches.

Dead friend's collection of watches ,..you mean !?

[bkk6060]

Maybe 4% from negative 20 is possible.

[Taswegian23]

19 hours ago, rooster59 said:

Government Maintains Economic Growth Target of 4% This Year

 

Right. That'll happen.

 

[Soikhaonoiken]

So many dreamers in this Country ????????

[Laughing Gravy]

6 hours ago, Soikhaonoiken said:

So many dreamers in this Country ????????

I agree with you. One mans dreamer is another mans bare face lier.????