Thai economy sees growth boosted by tourism revival | The Guardian Nigeria News - Nigeria and World News

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Thailand's economy enjoyed healthy expansion in the third quarter, officials said Monday, with the return of international tourists helping to offset persistently high inflation.

Thai prime minister Prayut Chan-O-Cha officially opens the “BCG Economy for APEC Exhibition” at the Queen Sirikit National Convention Center, in Bangkok on November 14, 2022.

Thailand’s National Economic and Social Development Council recorded a 4.5 percent year-on-year rise in gross domestic product in July-September, projecting this year’s overall growth at 3.2 percent while forecasting 3.0/4.0 percent for 2023. But Danucha said the signs of recovery were there, with the kingdom pinning hopes on China’s potential relaxation of its strict Covid travel rules.

 

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