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Bangkok Post
Bangkok Post
Business

Economy will grow faster in Q3 as investment, tourism return: Arkhom

Arkhom Termpittayapaisith Economy Economic Growth Thailand
What could go wrong? A sign advertises a tourist attraction at Pai Canyon in Mae Hong Son province on Aug 13, 2022. The economy will grow faster in the third quarter as investment and tourism pick up, Finance Minister Arkhom Termpittayapaisith said on Wednesday. (Photo: Dave Kendall)

Thailand's economic growth is expected to accelerate in the third quarter after a weaker-than-expected second quarter as public investment spending increases along with a recovery in tourism, the finance minister said on Wednesday.

Public investment had slowed in the second quarter because of pandemic restrictions but projects have resumed since July as the curbs were lifted, Arkhom Termpittayapaisith told reporters at the sidelines of a business seminar.

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