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Thai GDP expected to grow 10% in H1

08-06-2010 08:58 BJT

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Thailand's central bank governor says the country's gross domestic product in the first half of 2010 could increase 10 percent year on year. Tarisa Watana-gase says this is because the country's economic growth in the second quarter expanded at a rate of 12 percent.

She says the GDP growth for the entire year should be around 6.5 or 7.5 percent. She also says public consumption and spending have almost rebounded to pre-political turbulence levels, as the government continues spending to bolster the economy.

Investments have not yet recovered to their level before the crisis. But the governor believes private investment will grow further later this year, because exports are improving impressively.

Editor:Xiong Qu |Source: CNTV.CN

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