Pornchai Thiraveja, director-general of Fiscal Policy Office, Finance Ministry

Fiscal Policy Office cuts 2023 economic growth projection to 2.7%

The Finance Ministry’s Fiscal Policy Office has decided to reduce its Thai economic growth forecast for 2023, from 3.5% to 2.7%, due to the tourism slowdown and export contraction. Pornchai…

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IMF sees 6% world growth, warns developing nations falling behind

The global economy will expand by six percent this year, but disparities between nations are widening as advanced economies accelerate while developing countries fall behind, the IMF said Tuesday.  While…

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IMF raises economic forecast for Thailand, trims Asean’s outlook

The International Monetary Fund (IMF) has raised its projection of Thailand’s economic growth for this year to 4.6% from 3.9% last year, while cutting the economic growth forecast of Asean….

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