BANGKOK (Reuters) -Thailand’s economy is expected to grow 2.2% this year, slightly higher than a previous forecast of 2.1%, the finance ministry said on Wednesday.
Exports, a key driver of Thai growth, are expected to rise 5.5% this year, up from an earlier forecast of 2.3%, Pornchai Thiraveja, head of the finance ministry’s fiscal policy office, told a press conference.
Foreign tourist arrivals were seen at 34.5 million, down from 36.5 million in the May forecast.
Southeast Asia’s second-largest economy expanded 2.5% last year, lagging peers.
(Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; Editing by David Stanway)
