Thailand's central bank cut its forecast for 2001 gross domestic product (GDP) growth on Jan. 29, 2001, to 3-4.5 percent from a previous projection of 4-5.5 percent, blaming a U.S. economic slowdown and a faltering domestic recovery. "The evident slowdown in the world economy has affected the growth of Thai exports. Growth in private consumption and investment has also been moderate," the Bank of Thailand said in its quarterly inflation report. It said there was a 90 percent probability that
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