Thailand - Apr 11

The International Monetary Fund has revised its forecast for Thailand’s economic growth this year, slightly raising it to 3.7 %, but also cautioned against both domestic and foreign risks. The recovery is expected to take place as a result of lower fuel prices and private investment would driving up consumption. However, in view of Thailand's weak government and a volatile global context, the IMF suggested reforms for fiscal sustainability and subsidy programs.

Source: The Bangkok Post