Thailand: Central bank says private sector to grow with or without government economic stimulus package.

(From Thai Press Reports)

Section: Economy - With or without an economic stimulus package, the private sector is likely to continue growing consistently, according to the governor of the Bank of Thailand, The Nation reports.

Earlier, the National Economic and Social Development Board (NESDB) said it would launch a stimulus packages to boost economic growth.

MR Pridiyathorn Devakula said the growth of private investment in real terms has been 8 per cent, higher than economic growth. Private consumption in real terms has continuously risen by 4 per cent and export growth also has a satisfactory record. This indicates that the private sector has …