webfact Posted December 19, 2016 Share Posted December 19, 2016 Thailand’s growth rate is expected to rise to 3.1 percent from 2.5 percent BANGKOK: -- Thailand’s economic growth rate for this year is expected to register 3.1 percent instead of 2.5 percent as earlier predicted, thanks to effective fiscal policy, increased investments and improved disbursements of funding, said Mr Kiatipong Ariyapratya, senior economist at Bangkok-based World Bank’s regional office, on Monday. He also predicted 3.2 percent growth rate for the next year. But despite the improved performance, he noted that Thailand’s growth rate remains lower compared to other neighboring countries with growth rate averaging 4-5 percent. However, Mr Kiatipong pointed that the Thai economy can grow more than 4 percent annually if the government liberalize the service sector with members of the AEC which will help improve the efficiency in the production sector. Full story: http://englishnews.thaipbs.or.th/thailands-growth-rate-expected-rise-3-1-percent-2-5-percent/ -- © Copyright Thai PBS 2016-12-20 Link to comment Share on other sites More sharing options...
Srikcir Posted December 20, 2016 Share Posted December 20, 2016 6 hours ago, webfact said: economic growth rate for this year is expected to register 3.1 percent instead of 2.5 percent as earlier predicted That prediction was made in April 2016 as well as the region’s economy will expand by 6.3% this year. If Thailand does achieve 3.1% (largley through government stimulis) it is still performing badly against regional economies who are growing largley because of shift of foreign and domestic investment from Thailand to other regional countries. Link to comment Share on other sites More sharing options...
bark Posted December 20, 2016 Share Posted December 20, 2016 They pull numbers from a hat; same as David Copperfield. Nothing to back up the claims. Link to comment Share on other sites More sharing options...
elgordo38 Posted December 20, 2016 Share Posted December 20, 2016 9 hours ago, webfact said: He also predicted 3.2 percent growth rate for the next year Marking this one on the calendar oh forget that they are only government numbers. Just the fact please nothing but the facts? Dead silence. Link to comment Share on other sites More sharing options...
The man from udon Posted December 20, 2016 Share Posted December 20, 2016 How do you get from 2.5 to 3.1 with a pair of dice???? Link to comment Share on other sites More sharing options...
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