The Asian Development Bank (ADB) has revised its forecast for the Thai economy in 2023, lowering it from 3.5% to 2.5%. This adjustment is due to the global economic slowdown. The article was originally published on a website and reflects ADB’s updated prediction of economic growth for Thailand in the coming year.
The ADB’s decision to lower the economic growth forecast for Thailand in 2023 is attributed to the impact of the global economic slowdown. The revised forecast reflects a decrease from the originally projected 3.5% to 2.5%. The article was published on the ADB’s website, demonstrating the organization’s updated perspective on Thailand’s economic outlook for the upcoming year.
Source link : ADB lowers its economic growth forecast for Thailand in 2023 from 3.5% to 2.5%
