Bangkok -- The Bank of Thailand revised down its 2021 growth forecast, as the resurgence of COVID-19 in Southeast Asia's second largest economy over the last few months had led to the closure of some businesses.
The central bank said Wednesday it now expects the economy to grow 3.0% this year instead of the 3.2% it forecast in December. The view is in line with that of the Ministry of Finance, which lowered its growth forecast from 4.5% to 2.8% in January.
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