World Bank slashes Thailand’s GDP from 3.5 to 2.7 per cent
The World Bank has reduced its forecast for Thailand’s economic expansion in 2019 from 3.5 to 2.7 per cent, while 2020 speculation was also brought down to 2.9 per cent from the earlier figure of 3.9 per cent.
The World Bank had predicted in April that Thai economy would this year expand 3.8 per cent, later in July it revised down its forecast to 3.5 per cent.
The Nation Reporter
