Economic news
Thai govt aiming for 10% export growth this year – Finance Minister
2022.06.06 11:26
FILE PHOTO: A view of Bangkok’s port amid the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, June 21, 2020. REUTERS/Athit Perawongmetha
BANGKOK (Reuters) – Thailand’s government is aiming for export growth of 10% this year, which will be a key driver of Southeast Asia’s second-largest economy, the finance minister said on Monday.
The economy is expected to grow a yearly 5% each in the remaining three quarters of the year, which would result in growth of 3.5% for the whole year, Finance minister Arkhom Termpittayapaisith told a business seminar. Government spending and a recovery in tourism are also expected to help, he said.