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Bangkok Post
Bangkok Post
Business

World Bank eyes slower Thai growth

Tourists sit in bars on Khao San Road in Bangkok on Friday. The tourism recovery and strong pent-up demand after the relaxation of lockdown measures and travel restrictions have supported the country's economic growth. (Photo: AFP)

The Thai economy is projected to recover faster than expected this year, but will face slower growth in 2023 because of global headwinds, according to the World Bank.

Thailand's economic growth is estimated to expand by 3.4% in 2022, exceeding the 2.9% World Bank projection made in June.

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