BoT 2012 growth projection 4.9%
- Published: 18 Jan 2013 at 15.20
- Online news:
The Bank of Thailand (BoT) on Friday revised its gross domestic product growth projection for 2012 to 4.9%, from the previous forecast of 4.6%, thanks to rising domestic consumption and private investment.
BoT assistant governor Paiboon Kittisrikangwan said on Friday that BoT had also adjusted its growth projection for 2013 to 4.9%, from an earlier forecast of 4.6%.
“Both private and government investment will be main factors to mobilise the economy this year. It is projected that private investment in 2013 will grow by 12.1%,” said Mr Paiboon.
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