Thailand Govt says expected 2.8% growth not satisfactory

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(The Bangkok Post)

Thailand’s economy may grow 2.8% this year but that is still not satisfactory, while fiscal measures will continue to support economic recovery as tourism remains weak, the finance minister said on Wednesday.

The economy, which is heavily reliant on tourism and exports, contracted 6.1% last year, its deepest slump in over two decades as the coronavirus pandemic cut global demand and travel.

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