Thailand's Finance Ministry has revised its economic growth forecast for 2024 to 2.7%, up from the previous estimate of 2.4%. The revision is attributed to stronger export growth, higher tourism revenue, and increased government spending. The services balance is expected to remain positive due to tourism, contributing to a project current account surplus of US$11 billion or 2.4% of the GDP. However, the economic impact of the government's 10,000-baht digital wallet scheme is not included. Challenges such as global geopolitical conflicts, financial market volatility, and domestic household debt issues could affect Thailand's economic growth. (ICE BANGKOK)

Fonte notizia: The Nation