Published by
The Bangkok Post
The Bangkok Post
Most economic research houses, government and private, projected Thailand would see GDP growth of 3.5-4% this year. Even the Joint Standing Committee of Commerce, Industry, and Banking, an organisation representing Thai business entities, supported that range. Growth will stem from three factors: first, the recovery from two slow years of low growth; second, the reduced impact of the Omicron variant and the high vaccination rate; and finally, world economic growth. The last time the Thai economy achieved 4% growth was in 2018. All of these projections were made before the International Monetar…