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Bangkok Post
Bangkok Post
Business

Deputy premier hopeful for 2023

Mr Supattanapong says key transport infrastructure, digital literacy and businesses that support the state efforts to reduce carbon dioxide will help drive the domestic economy. (Photo: Chanat Katanyu)

Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

His 2023 economic outlook is in contrast to analysts, including the World Bank, which warned last month of the possibility of a global recession next year after central banks raised interest rates in response to high inflation.

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