Thai growth to be on track if next govt formed by June-c.bank chief
BANGKOK, April 19 (Reuters) - Thailand's economy is expected
to grow 3.8 percent this year as forecast if the next government
can be formed by June, the central bank governor said on Friday.
Low inflation is not a concern and the central bank will
focus more on growth and financial stability risks, Veerathai
Santiprabhob told an analysts meeting.
Thailand held an election on March 24, its first since a
2014 coup, but the outcome remains uncertain and might not be
known until after official results are due on May 9.
The central bank has left its policy interest rate
unchanged at 1.75 percent since tightening in
December for the first time since 2011. It will next review
policy on May 8.
Thailand reported its strongest economic growth in six years
in 2018, at 4.1 percent, but still lagged the Philippines' 6.2
percent, Indonesia's 5.17 percent and Malaysia's 4.7
(Reporting by Kitiphong Thaichareon
Writing by Orathai Sriring
Editing by Kim Coghill)
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