April 1, 2024Business Desk

Thailand's 2024 growth forecast lowered to 2.8%

Thailand's 2024 growth forecast lowered to 2.8%, down from earlier estimates.

Source: Pexels

Thailand's economy grew modestly by 1.9% in 2023 but contracted by 0.6% in Q4.

Source: Pexels

The World Bank cites global trade slowdown and delayed spending as key factors.

Source: Pexels

Despite challenges, tourism and private consumption are expected to drive growth.

Source: Pexels