- denominated debt. Economic Outlook for 2020 In 2020, Thailand’s economic growth will likely slow to the range of 1.9 - 2.3 percent on account of several challenges. External factors include a sharp drop in
with its major trade partners, especially China. This factor is set to have an impact on the world’s economic recovery over the remainder of this year. The World Economic Outlook of the International
. Given the intensified global trade tension, the October 2018 World Economic Outlook of the International Monetary Fund cut its global economic projection for 2018 and 2019 to 3.7 percent, compared to the
Environment 1 1.1 Global and Thai Economy in 2019 and Outlook for 2020 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Significant Regulations and Rules related to Business Operations 5 2. Risk
-based growth in household purchasing power. At the same time, inflation remains subdued though it is expected to slowly rise. In this regard, the MPC judged that accommodative monetary policy stance would
interest rate unchanged at 1.50 percent as it viewed that the current accommodative policy stance is still needed to strengthen the continuation of growth in domestic demand and support the rise of headline
previous quarter. The Monetary Policy Committee (MPC) decided to keep the policy interest rate unchanged at 1.50 percent as it considered that the current accommodative monetary policy stance remained
2034 *Including bridge loan for financing TTTBB’s deal. Credit Rating Fitch National rating: AAA (THA), Rating Watch On S&P BBB+, Outlook: Stable Source and Use of Fund: 1H24 (Bt.mn) Source of fund Use
of 2018, close attention was paid to uncertainty surrounding US trade policy with its major trade partners, especially China. Most recently, the World Economic Outlook of the International Monetary