World Bank Downgrades Thailand’s 2024 GDP Growth Forecast to 2.4%
Thailand's economic growth in 2024 is now projected at 2.4%, a decrease from the 2.8% estimated in April, according to the World Bank. The downgrade is attributed to weaker-than-expected exports and public investment earlier in the year. Despite the revision, Thailand's economy is still expected to outpace its 2023 growth of 1.9%, with a projected growth of 2.8% in 2025....