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World Bank Lowers Thai GDP Growth Forecast To 2.8%

Bangkok's skyline photographed during sunset in Bangkok

The World Bank has revised its GDP growth forecast for Thailand, lowering it to 2.8% for this year. This adjustment reflects the challenges faced by the Thai economy amidst global uncertainties and domestic factors.

Thailand, like many other countries, has been grappling with the economic impacts of the COVID-19 pandemic. The ongoing global trade tensions and sluggish demand have further added to the complexities of the situation.

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