Thai GDP growth forecast for the year slashed

The Joint Standing Committee on Commerce, Industry and Banking has revised downward the country’s gross domestic product (GDP) growth this year to between 2 per cent and 2.5 per cent from the previously forecast 2.5 to 3 per cent.

The revision is in line with the number of local and global uncertainties and risks, particularly the outbreak of the novel coronavirus, according to its statement on Wednesday (February 5).

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The Nation Reporter