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Thai GDP Contraction Slows In Q4

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Thailand's economy contracted at a slower pace in the fourth quarter underpinned by household and government spending, the National Economic and Social Development Council said Monday.

Nonetheless, the coronavirus pandemic pushed the economy into its worst recession since the Asian Financial Crisis in 1998.

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