BoT expects growth to strengthen next year

The Bank of Thailand expects the Thai economy next year to exceed this year's growth, boosted by a strong export growth, declined inflation rate, sooner-than-expected budget disbursement, and stable interest rate.

Speaking at a seminar on "Thai Economy: Recovery or Deterioration," BoT's Deputy Governor Bandid Nijathaworn said the central bank viewed the Thai economy has a strong fundamental and is in a process of adjusting itself in a final stage to rising oil prices before picking up early ne

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