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Bangkok Post
Bangkok Post
Business

Thai growth set to beat BoT forecast

Tourists make their way to the Grand Palace on June 4. The projection for foreign arrivals in 2023 was upgraded from 28 million to 29 million. (Photo: Apichart Jinakul)

The Bank of Thailand expects GDP growth to exceed its forecast, with the economic policies of the new government driving expansion alongside tourism and consumption growth.

At its meeting last month, the central bank's Monetary Policy Committee (MPC) said it believed the Thai economy should continue to expand with some inflationary risks.

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