{"id":2337,"date":"2012-05-23T09:38:20","date_gmt":"2012-05-23T13:38:20","guid":{"rendered":"http:\/\/commercethaiusa.org\/oca\/?p=2337"},"modified":"2012-05-23T09:38:20","modified_gmt":"2012-05-23T13:38:20","slug":"thai-e-newsletter-05-22-2012","status":"publish","type":"post","link":"https:\/\/www.commercethaiusa.org\/oca\/thai-e-newsletter-05-22-2012\/","title":{"rendered":"Thai E-Newsletter 05-22-2012"},"content":{"rendered":"<p><strong>Thailand&#8217;s economic growth projected at 5.5% this year<\/strong><\/p>\n<p>The International Monetary Fund (IMF) projects that Thailand&#8217;s economic growth in 2012 will be 5.5 percent, but warned that significant downside risks still remain due to uncertainties from the global economy and the progress of flood-prevention measures, according to the Bank of Thailand (BoT). The BoT said in a statement that the IMF Executive Board on April 27 concluded an Article IV Consultation with Thailand and commented that that the Thai authorities&#8217; policy response to last year&#8217;s floods has propelled the strong recovery.<\/p>\n<p>The IMF said that Thailand&#8217;s economic growth is projected at 5.5 and 7.5 percent in 2012 and 2013, respectively. While the short-term outlook is favorable, significant downside risks remain due to uncertainties related to the global economy and the progress of flood-prevention measures. The current expansionary fiscal and monetary stances are appropriate, BoT said. However, the authorities should reduce their supportive policy roles as the recovery takes hold and move to a medium-term consolidation path. The main challenge is to speed up reconstruction while maintaining macroeconomic stability and promoting inclusive growth, the IMF said.<\/p>\n<p>In addition, IMF Managing Christine Lagarde warmly welcomed the joint statement issued by Indonesia, Malaysia and Thailand supporting the broad-based international cooperative effort to increase the resources of the IMF for precautionary and crisis resolution purposes and also will undertake the necessary domestic consultations to join this international effort.<\/p>\n<p>[dcs_link icon=&#8221;download&#8221;<br \/>\nurl=&#8221;http:\/\/commercethaiusa.org\/oca\/wp-content\/uploads\/ENewsletters\/Thai-Newsletter-05-22-2012.pdf&#8221;]Please download the full newsletter here[\/dcs_link].\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thailand&#8217;s economic growth projected at 5.5% this year The International Monetary Fund (IMF) projects that Thailand&#8217;s economic growth in 2012 will be 5.5 percent, but warned that significant downside risks still remain due to uncertainties from the global economy and the progress of flood-prevention measures, according to the Bank of Thailand (BoT). The BoT said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[2,23,14],"tags":[43],"acf":[],"_links":{"self":[{"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/posts\/2337"}],"collection":[{"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/comments?post=2337"}],"version-history":[{"count":0,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/posts\/2337\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/media?parent=2337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/categories?post=2337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercethaiusa.org\/oca\/wp-json\/wp\/v2\/tags?post=2337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}