Economy Unlikely To Recover In Near Term

November 2008
Asia Monitor: South East Asia Monitor Volume 1;Nov2008, Vol. 19 Issue 11, p1
Country Report
The article forecasts the economic condition of Thailand for 2008-2009. The domestic and external economy of the country is projected to regain any significant momentum during the remainder of 2008 due to its heavy trade orientation. The ongoing political commotions are expected to affect the implementation of the country's mooted remedial economic measures, including infrastructure projects. Real gross domestic product (GDP) growth is forecast to decline from 5.2% to 4.7%.


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