Thai govt aiming for 10% export growth this year
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© Reuters. FILE PHOTO – A view of Bangkok’s port during the spread of coronavirus (COVID-19), in Bangkok, Thailand. June 21, 2020. REUTERS/Athit PerawongmethaBANGKOK (Reuters – Thailand’s finance minister announced Monday that the government aims to achieve 10% export growth in this year. It will play a major role as the second-largest country in Southeast Asia.
Arkhom Termpittayapaisith, Finance Minister, stated that the economy would grow by an average 5% annually in the last three quarters. That would lead to a growth rate of 3.5% overall, according to a seminar for business professionals. He also said government spending, as well as a rebound in tourism, are expected to be beneficial.
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