TITLE

2009 GDP Forecast Dropped To -4.5%

PUB. DATE
June 2009
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jun2009, Vol. 20 Issue 6, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports on Thailand's 2009 gross domestic product (GDP) forecast given by the Business Monitor International Inc. (BMI). According to the BMI, the Thai economy has been afflicted by two major pains of collapsing global demand and continuous domestic political turmoil. With the kind of economic environment and the absence of any definitive positive growth, BMI lowered its growth forecast from -2.5% to -4.5%.
ACCESSION #
40825531

 

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