Bank of Thailand looks to revise up GDP growth | Bangkok Post: business

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BoT mulls raising GDP estimate

Strong local, regional economies a factor

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This year's economic growth projection looks set to improve as the central bank may revise up its 4.9% figure in line with the improving local and regional economies, says governor Prasarn Trairatvorakul. 

The National Economic and Social Development Board announced gross domestic product (GDP) grew by 6.4% last year, beating the Bank of Thailand's projection of 5.9%, on the back of higher domestic investment and consumption.

Exports are expected to recover gradually after taking a hit from the weak global economy, said Mr Prasarn.

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