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Bangkok Post
Bangkok Post
Business

FPO maintains 2022 growth forecast at 3.5%

The Fiscal Policy Office (FPO) has kept its forecast for economic growth this year at an average of 3.5%, underpinned by a recovery in both the tourism sector and domestic consumption, according to the office's director-general Pornchai Thiraveja.

The office reviews the GDP forecast every three months.

The state agency has also revised upward its projection of the number of foreign tourist arrivals this year to 8 million, up from the prediction of 6.5 million made in April.

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