Finance minister: Economy to grow 3.0-3.5% this year, recovery intact

Tourists take a photo at Wat Pho in Bangkok on Aug 2, 2022. The country expects 8 million to 10 million foreign arrivals this year, a surge from 428,000 tourists last year. (Photo: Nutthawat Wicheanbut)

Thailand's economy is expected to grow by 3.0% to 3.5% this year, helped by public investments and a pick-up in the vital tourism sector, Finance Minister Arkhom Termpittayapaisith said on Monday.

Southeast Asia's second-largest economy will continue its post-pandemic recovery as state investment projects are accelerated, he told the SEO CEO Forum.