Farm economy set for modest growth | Bangkok Post: business

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Farm economy set for modest growth

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Thailand's agricultural economy is expected to grow at a slower pace of 3.5% to 4.5% in 2013, with a weak global economy and natural catastrophes remaining major risks. 

The forecast assumes world economic growth of 3.6% and Thai economic growth of 4.5% to 5.5% as determined by the National Economic Social Development Board and 4.1% to 5.1% in the view of the central bank.

For 2012, the economy of the Thai farm sector is on course to expand by 4% on top of 2011, lower than the projection of 4.5% to 5.5% from earlier this year.

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