World Bank Sees Slight Flu Impact On Thai Economy

[churchill]

World Bank remains optimistic that Thailand's economic expansion could return to the positive territory in the fourth quarter of this year, despite the impacts from the influenza pandemic.

World Bank's senior economist in Thailand Kirida Bhaopichitr said that the global economic condition carries higher weight on Thailand's economy than the flu.

"The fourth quarter gross domestic product forecast remains positive, due to global recovery which would raise demand for Thai products. The flu impacts are apparent but slight, and the World Bank has not yet taken it into account in revising the forecast," she said.

continued at http://www.nationmultimedia.com/2009/07/10...ss_30107133.php

-- The Nation 10/07/09