Minister of Commerce confident in Thai economic growth this year

[webfact]

Minister of Commerce confident in Thai economic growth this year

 

 

BANGKOK, 14 February 2017 (NNT) – The Minister of Commerce is confident the Thai economy will continue its growth from last year and end this year up by 3-4 percent. 

Minister of Commerce Aphiradee Tantraporn expects the state to inject 1.1 trillion baht into the economy this year and for exports to expand by 2.5-3.5 percent on the sector’s global recovery. Weakening currencies and higher fuel prices are also expected to boost domestic consumption. 

Similarly, tourism is expected to continue its uptrend and add another 2.8 percent in arrivals, closing the year with total revenue of 1.83 trillion baht. 

The minister nonetheless acknowledged that economic risks remain due to the changing nature of the world and instability in the US and Europe. She noted however that this may be beneficial as countries seek out new trading partners.

 

-- nnt 2017-02-14

 

[elgordo38]

I definitely like this woman's style and let me go on record as saying I will win the lottery this year for shureeee.

[Retiredandhappyhere]

Wow, everything in the garden is rosy then?     Except........ for the possibility of frost, mildew, excessive rain, drought, invasion by dogs, cats, moles, caterpillars, and/or vandals,  Still, look on the bright side....or else! 

[Redline]

Confidence does not equal reality