October 2005
Asia Monitor: South East Asia Monitor Volume 1;Oct2005, Vol. 16 Issue 10, p3
Country Report
Country Report
The article presents economic forecasts for Thailand during the period 2005-06. Thailand's National Economic and Social Development Board has cut its full-year gross domestic product (GDP) growth forecast for Thailand to 3.8-4.3%, compared to its previous estimate of 4.5-5.5%. The government, however, is more concerned about what is happening to the current account, which is expected to be in deficit this year because of the high oil price. A poll of the International Monetary Fund, the Asian Development Bank and seven investment banks produces a GDP growth forecast for 2005 of 4.3%.


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