Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

Arkhom says growth outlook good despite agency's downgrade

Benjakitti Forest Park in Khlong Toei district, Bangkok. (Photo: Pattarapong Chatpattarasill)

The Finance Minister said on Tuesday that the outlook for the economy this year was still good, despite the state planning agency's downgrade in its growth forecast, and he wanted to see a policy rate that still supports the recovery.

A weak baht is good for exports though it makes imports more costly, Arkhom Termpittayapaisith told reporters. The currency has recently been trading at its weakest level in almost five years against the dollar.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.