Thailand Finance Ministry Cuts 2014 Growth Forecast to 2.6%

Thailand Finance Ministry Cuts 2014 Growth Forecast to 2.6%

BANGKOK – Thailand’s Finance Ministry sharply cut its growth forecast for 2014, citing the spillover effects from months of political unrest. The country’s economy is projected to expand 2.6%, down from the 4% forecast in December, Somchai Sajjapongse, director general of the ministry’s fiscal-policy office, said at a press briefing Monday. Protests aimed at forcing […]