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Thai finance ministry cuts 2021 GDP outlook to 2.8pc growth
- The ministry slightly raised its 2021 forecast for exports, a key growth driver, to a 6.2% rise from the 6% increase it predicted in October, ministry spokeswoman Kulaya Tantitemit told a briefing.
BANGKOK: Thailand's finance ministry on Thursday slashed its 2021 economic growth forecast to 2.8%, from the 4.5% growth it projected earlier, after fresh waves of COVID-19 cases in the Southeast Asian nation and other countries, an official said.
However, the ministry slightly raised its 2021 forecast for exports, a key growth driver, to a 6.2% rise from the 6% increase it predicted in October, ministry spokeswoman Kulaya Tantitemit told a briefing.
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