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Thai government will try to lift 2018 GDP growth to 5%

2018-08-03T073358Z_166665706_RC15483DD960_RTRMADP_3_THAILAND-ECONOMY.JPG
Thailand's government will aim to lift economic growth to 5 per cent this year to boost the country's wealth, finance minister Apisak Tantivorawong told reporters on Friday.

[BANGKOK] Thailand's government will aim to lift economic growth to 5 per cent this year to boost the country's wealth, finance minister Apisak Tantivorawong told reporters on Friday.

Separately, Deputy Prime Minister Somkid Jatusripitak said the central bank has "good judgement" on interest rates, as analysts are split on next week's decision.

The central bank will review its policy interest rate , currently at 1.50 per cent, on Sept 19. Most analysts expect no change but some predict the first rate hike since 2011.

REUTERS

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