BANGKOK (Reuters) – Thailand’s economy is expected to grow 4% to 5% next year as the vital tourism sector picks up pace, despite a rising trend in interest rates, the finance minister said on Wednesday.
This year’s growth of 3.0% to 3.5% predicted by state agencies is considered a clear recovery, Finance minister Arkhom Termpittayapaisith told reporters.
(Reporting by Orathai Sriring, Kitiphong Thaichareon and Satawasin Staporncharnchai; Editing by Kanupriya Kapoor)
