ID :
191795
Wed, 06/29/2011 - 13:31
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Shortlink :
http://m.oananews.org//node/191795
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FPO maintains Thailand's 2011 economic growth forecast at 4.5%
BANGKOK, June 29 (TNA) - The Thai Ministry of Finance's Fiscal Policy Office (FPO) has maintained its projection of the country's economic growth at 4.5 per cent this year, unchanged from its previous forecast in March 2011.
FPO Director-General Naris Chaiyasoot acknowledged Wednesday that the continuing Thai economic growth has been mainly boosted by growing domestic and overseas market demand and consumption, through expanding Thai exports and more employment.
Naris said that Thai exports are likely to grow by 17.6 per cent year-on-year this year, thanks to expanding economies of Thailand's major trading partners in Asia, especially China.
The FPO chief projected that Thailand's inflation should stay around 3.8 per cent in 2011, in line with rising global oil prices, and unemployment at a low level of 0.9 per cent of the country's total workforce.
The FPO chief said, however, that his office will kept monitoring both internal and external risk factors which may affect the national economy in the second half of this year.
Meanwhile, Thai economists have warned of domestic political uncertainty in the wake of the forthcoming national poll on July 3, saying that it may affect the Thai economy than a global economic crisis. (TNA)
FPO Director-General Naris Chaiyasoot acknowledged Wednesday that the continuing Thai economic growth has been mainly boosted by growing domestic and overseas market demand and consumption, through expanding Thai exports and more employment.
Naris said that Thai exports are likely to grow by 17.6 per cent year-on-year this year, thanks to expanding economies of Thailand's major trading partners in Asia, especially China.
The FPO chief projected that Thailand's inflation should stay around 3.8 per cent in 2011, in line with rising global oil prices, and unemployment at a low level of 0.9 per cent of the country's total workforce.
The FPO chief said, however, that his office will kept monitoring both internal and external risk factors which may affect the national economy in the second half of this year.
Meanwhile, Thai economists have warned of domestic political uncertainty in the wake of the forthcoming national poll on July 3, saying that it may affect the Thai economy than a global economic crisis. (TNA)
