World Bank upgrades Thailand’s growth projections

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World Bank upgrades Thailand’s growth projections

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The World Bank on Thursday upgraded its economic growth projections for Thailand to 3.5 per cent from the 3.2 per cent estimated previously. The Bank said that economic growth in Thailand is gaining momentum, with global growth and recovery from severe droughts buoying an expansion of GDP by 3.3 per cent in the first quarter and 3.7 per cent in the second quarter of 2017, exceeding market expectations.

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World Bank upgrades Thailand’s growth projections

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