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Thailand can return to 3% growth in 2-3 years, central bank says

Original: Thailand can return to 3% growth within 2-3 years, central bank official says

A Bank of Thailand official said the country can return to gross domestic product growth of around 3% within two to three years. The projection points to a recovery in Southeast Asia's second-largest economy, which has underperformed regional peers in recent years. Details on what measures would support the rebound have not been spelled out.

Why now: Thailand's growth has lagged behind its neighbours, so any central bank forecast of a return to 3% expansion draws attention from investors and policymakers.

ThailandBank of Thailand

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Rank over time, top of the chart is #1. 7 snapshots from 6 d ago to 6 d ago.

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