The House of Representatives, July 21- ABD raises its 2023 GDP forecast to grow by 3.5 percent, achieving economic development policies. "Gen. Prayut" leads Thailand to grow sustainably
Ms. Tipanan Sirichana, deputy government spokesman for the Prime Minister's Office, said the Prime Minister was pleased with the Asian Development Bank (ADB) raising its forecast for the Thai economy to grow by 3.5 percent from 3.3 percent in April. After expanding 2.6 percent in 2022, Thailand is considered the only country in the six ASEAN countries. ADB raised its economic forecast this year. And it is expected that the Thai economy will expand by 3.7 percent in 2024, unchanged from the forecast in April.
As for Indonesia, Malaysia, the Philippines, ADB maintains its economic forecast this year unchanged. Meanwhile, Singapore and Vietnam's economic forecasts were cut this year. Growing 1.5 percent this year from the original forecast in April. will grow by 2.0 percent and Vietnam's GDP is expected It grew 5.8 percent this year from a forecast of 6.5 percent growth in April.
“Accept that ADB sees the government's empirical performance. in driving economic policy thus making the world's leading institutions therefore is reliable reflect the results of dedication economic development in all dimensions Both measures to promote trade and investment stimulate the economy develop infrastructure to support the country's economic growth,” Ms. Tipanan said.-Thai News Agency
Source: Thai News Agency