The World Bank will issue its 2012 annual report in mid-December and there is a possibility it will increase its 2012 growth projection for Thailand, the bank’s senior economist Kirida Paopichit said on Wednesday.
The gross domestic product growth forecast is likely to be raised to 4.7%, from the previous projection of 4.5%, due to a better than earlier expected expansion in domestic consumption, she said.
Ms Kirida projected economic expansion for 2013 of 5% on the back of expected export growth of 10-12%.
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