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Dr. Somkid insists Thai economy remains good but growing slowly

Dr. Somkid insists Thai economy remains good but growing slowly

13 Sept 18:38 Key points summarised by AI
  • Deputy PM Somkid Jatusripitak states the Thai economy is not bad, only slowing down, projecting a 2.4% growth for 2019, which he still considers good.
  • The economic slowdown is attributed to shrinking exports caused by US-China trade tensions, leading to significant layoffs in the production sector.
  • Somkid urges the private sector, politicians, and all stakeholders to collaborate, overcome conflicts, and build international confidence to collectively drive the economy forward.
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