July 3, 2008
Bangkok - The government was urged to deal with the rising inflation as well as boosting Thailand’s economy.
Thailand Development Research Institute (TDRI)’s Somchai Chitsuchon said there was still a way out of the sluggish economy.
He also said that Thailand would be able to cope with the world’s economic condition as its partners like China and India were not affected much.
He believed that the country’s internal problem could be settled if relating parties discussed to find the solution, so that it would not affect the investors’ confidence.
The government was urged to make the inflation remain at 5-6%.
Somchai added that this year’s GDP growth would not reach 6%. Rather, it would only be 4%.
The growth mainly depends on the oil prices. If the oil prices drop, it can go up more.
