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Bangkok Post
Bangkok Post
Business

Finance Ministry keeps 2022 GDP outlook despite Omicron

Tourists visit Maya bay in Krabi province on Jan 3, 2022. The Finance Ministry forecast the country to receive 7 million foreign visitors this year. (Reuters photo)

The Finance Ministry on Friday maintained its 2022 economic growth forecast at 4.0%, driven by a recovery in domestic spending and tourism, with Covid-19 outbreaks driven by the Omicron variant yet to have a significant impact.

The ministry still forecast the tourism-reliant country to receive 7 million foreign visitors this year, helped by the resumption of a quarantine waiver from next Tuesday, said Pornchai Theeravet, the Fiscal Policy Office director-general.

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