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Thai economy resilient, on path to full recovery: Arkhom

Economy Arkhom Termpittayapaisith Thailand Inflation World Bank

FILE PHOTO: Finance Minister Arkhom Termpittayapaisith is seen before the start of a plenary session of the Development Committee at the World Bank during the 2023 Spring Meetings in Washington, US, April 12, 2023. (Reuters)

Thailand's economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, the finance minister said on Monday.

The economy expanded faster than expected in the first quarter of this year due to a revival in the vital tourism sector.

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