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Bangkok Post
Bangkok Post
Business

GDP growth may miss forecast this year over Ukraine crisis - Arkhom

Ukraine
Ukrainians living in Bangkok and their supporters speak in front of a TV screen showing a video presentation of Russian President Vladimir Putin as they take part in an anti-war protest during Russia's invasion of Ukraine, outside the Russian embassy in Bangkok, March 1, 2022. (Reuters)

The economy may grow less than a forecast of 3.5-4.5% this year due to the impact of the Ukraine crisis on tourism, trade and consumption, the finance minister said on Tuesday.

The number of foreign tourist arrivals in Thailand could also miss the ministry's forecast of 7 million this year, Arkhom Termpittayapaisith told a news conference. 


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