Thai economy expected to grow 4 percent in second half

The National Council for Peace and Order (NCPO) of Thailand projected on August 13 that the country’s economy will expand by 4 percent in the latter half of the year.
The National Council for Peace and Order (NCPO) of Thailandprojected on August 13 that the country’s economy will expand by 4percent in the latter half of the year.

According to the NCPO,the improved growth prospect was due to improvements in consumerconfidence and business confidence. The accelerated growth in the secondhalf will allow the whole-year figure to reach 2 percent.

Thecouncil also instructed related agencies to ensure the smoothco-existence of the tourism industry and the demands of internalsecurity. More public relations aimed at tourists will be made, andsecurity measures for foreign visitors will be improved.

The council also approved fifteen draft laws on August 13, including one aimed at tightening control over surrogacy.-VNA

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