GDP growth may miss forecast this year over Ukraine crisis - Arkhom

GDP growth may miss forecast this year over Ukraine crisis - Arkhom

Ukrainians living in Bangkok and their supporters speak in front of a TV screen showing a video presentation of Russian President Vladimir Putin as they take part in an anti-war protest during Russia's invasion of Ukraine, outside the Russian embassy in Bangkok, March 1, 2022. (Reuters)
Ukrainians living in Bangkok and their supporters speak in front of a TV screen showing a video presentation of Russian President Vladimir Putin as they take part in an anti-war protest during Russia's invasion of Ukraine, outside the Russian embassy in Bangkok, March 1, 2022. (Reuters)

The economy may grow less than a forecast of 3.5-4.5% this year due to the impact of the Ukraine crisis on tourism, trade and consumption, the finance minister said on Tuesday.

The number of foreign tourist arrivals in Thailand could also miss the ministry's forecast of 7 million this year, Arkhom Termpittayapaisith told a news conference. 


Do you like the content of this article?
COMMENT (6)

Most mainland Chinese flying overseas via Hong Kong as talks on adding flights between country and US drag, global airline body says

Most mainland Chinese travellers are heading overseas by transiting through Hong Kong as only a tiny fraction of the routes connecting the country with the US have been restored following the end of the pandemic, according to a global airline body.

10:51

Family fears for Malaysian woman missing in Chiang Rai

CHIANG MAI: A search has been launched for a young Malaysian woman whose mother says has been out of contact since sending photos taken during a visit to the border town of Mae Sai in Chiang Rai province.

10:36

Exclusive: World's spy chiefs met in secret conclave

Reuters sources say senior officials from about two dozen of the world's top intelligence agencies have been holding secret meetings in Singapore for several years, including U.S. Director of National Intelligence Avril Haines and representatives from China. The existence of the meetings has never before been made public. - REUTERS

10:23