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Thai Finance Minister Thanong Bidaya said on Saturday he was optimistic that a political crisis in his country would resolve peacefully and that its impact on the economy so far had been limited.
In an interview with Reuters in Vienna, he said his ministry had no plan at this point to cut its economic forecasts, which envisage Thailand's gross domestic product rising 4.5-5.5 percent this year.
But he said that if the economic uncertainty dragged on longer than anticipated - not his central scenario - economic growth next year could be affected as investors might hold off investments.
"I understand that foreign investors are concerned about what's going on in Thailand," Thanong, speaking on the sidelines of a meeting of European and Asian finance chiefs, said.
"But in the end, I am still optimistic about our economy. I still believe the problem will resolve soon, and peacefully. Foreign investors should not be worried. So far, the political impact on the economy has been limited," he said.
Prime Minister Thaksin Shinawatra stepped down earlier this week after his victory in a snap election failed to break a political deadlock.

Copyright Reuters, 2006

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