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Showing 1-9 of 9 results
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FPO upgrades 2020 GDP decline to 7.7%
Business, Wichit Chantanusornsiri, Published on 30/10/2020
» GDP contraction is projected to be less severe than previously estimated based on a recovery among Thailand's Asian trading partners, without factoring in domestic political turbulence, says the Fiscal Policy Office (FPO).
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UTCC: More stimulus necessary for 3% growth
Business, Wichit Chantanusornsiri, Published on 18/10/2019
» The government needs to pump more money into circulation -- a range of 30-50 billion baht -- to reach the target of 3% economic growth this year, says the University of the Thai Chamber of Commerce (UTCC).
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FPO slashes growth outlook to 2.8%
Business, Wichit Chantanusornsiri, Published on 29/10/2019
» The Finance Ministry's Fiscal Policy Office (FPO) downgraded the country's economic growth outlook this year to 2.8% from 3% in August in response to the expectation of a deeper export drop.
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IMF chief advises 'timely' policy push
Business, Wichit Chantanusornsiri, Published on 05/11/2019
» Thailand's strong macroeconomic fundamentals give policymakers space to use both fiscal and monetary policy to drag the economy out of the doldrums, according to the IMF chief.
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EEC tapped to drive 4% GDP expansion
Business, Wichit Chantanusornsiri, Published on 03/01/2018
» The Finance Ministry is hoping that the beginning of the Eastern Economic Corridor (EEC) project will help drive the country's economic growth above 4% in 2018, says Finance Minister Apisak Tantivorawong.
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FPO raises growth forecast for GDP
Business, Wichit Chantanusornsiri, Published on 31/01/2017
» The Fiscal Policy Office (FPO) has painted a brighter outlook for the economy this year, raising its GDP growth forecast to 3.6% but marginally cutting its estimate for last year to 3.2%.
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PDMO set to issue bonds
Business, Wichit Chantanusornsiri, Published on 22/11/2016
» The Public Debt Management Office (PDMO) will issue new savings bonds worth 15 billion baht in early December amid rising interest rates, says a senior official.
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FPO sticks with 3.3% growth
Business, Wichit Chantanusornsiri, Published on 29/07/2016
» Despite a deeper cut in its export forecast, the Fiscal Policy Office (FPO) has maintained its economic growth projection of 3.3% this year as ramped-up state investment and the robust tourism industry are expected to offset sagging outbound shipments.
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Revenue collection on course to meet year's B2.33tn target
Business, Wichit Chantanusornsiri, Published on 29/06/2016
» The government is on track to hit this fiscal year's revenue target of 2.33 trillion baht after revenue for the eight months to May surpassed the target by 4.1%.
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