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Thai authorities reduce GDP prediction.
(From Thai Press Reports)
Section: Economy - The Ministry of Finance has reduced its GDP growth prediction this year from 4.6-5.1 per cent to 4.1-4.6 per cent, a report in Krungthep Turakij said.
The Ministry of Finance has reduced its annual economic growth prediction for the third time, from the original estimate of 6.1 per cent at the beginning of the year down to 4.1-4.6 per cent. The main reason is that world oil prices have risen from $42.50 a barrel at the beginning of the year to $48.30 at present. The ministry predicts that the overall ...
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