rooster59 Posted December 24, 2016 Share Posted December 24, 2016 3.2% growth this year achievable, says central bank governor The central bank is confident that this year's economic growth will rise over 3.2%, and 4-5% in the coming two years. The recovery in the US economy and government spending on infrastructure investment projects are main reasons to stimulate growth. Bank of Thailand (BOT) governor Veerathai Santipraphob commented on the economic outlook for 2017 saying that there was a strong possibility that a growth of 3.2% as predicted by the Financial Institutions Policy Committee was achievable. He stated that the government’s projection for 4 – 5% growth within the next 1 – 2 years was a very realistic goal. The main contributor will be the US economy which is showing strong signs for recovery from the President-elect’s announced economic policies. Full story: http://englishnews.thaipbs.or.th/3-2-growth-year-achievable-says-central-bank-governor/ -- © Copyright Thai PBS 2016-12-25 Link to comment Share on other sites More sharing options...
F4UCorsair Posted December 25, 2016 Share Posted December 25, 2016 (edited) What a surprise!! The OP is 16 hours old and not one Thai Visa economist has emerged to pour scorn on this prediction. It seems impossible. But.....it is Christmas Day, so I guess they'll be out tomorrow bucketing the central bank's governor. Edited December 25, 2016 by F4UCorsair Link to comment Share on other sites More sharing options...
Retiredandhappyhere Posted December 25, 2016 Share Posted December 25, 2016 Well if he is basing his full year prediction on what he believes has been achieved so far, he stands a fair chance of getting it right with only 6 days of the year left, Link to comment Share on other sites More sharing options...
Nbarch Posted December 25, 2016 Share Posted December 25, 2016 Another day, another positive economic growth announcement from the government. Quelle surprise! On a serious note, can anybody suggest a good independent source of information about the Thai economy? Link to comment Share on other sites More sharing options...
The Deerhunter Posted December 25, 2016 Share Posted December 25, 2016 With only 6 days to go he should be able to predict a bit better than just "achievable" Link to comment Share on other sites More sharing options...
Pib Posted December 25, 2016 Share Posted December 25, 2016 Anything is possible. Remember, it's still just a best guess...and a political best guess. Link to comment Share on other sites More sharing options...
Jimbo2014 Posted December 26, 2016 Share Posted December 26, 2016 At the beginning of any journey.... there is hope :D Link to comment Share on other sites More sharing options...
chiang mai Posted December 26, 2016 Share Posted December 26, 2016 15 hours ago, Nbarch said: Another day, another positive economic growth announcement from the government. Quelle surprise! On a serious note, can anybody suggest a good independent source of information about the Thai economy? http://www.tradingeconomics.com/thailand/indicators Link to comment Share on other sites More sharing options...
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