Monday, June 25, 2007

Thailand's Economic Growth May Accelerate After Election, Chalongphob Says

(Bloomberg) -- Thailand's Finance Minister
Chalongphob Sussangkarn said a crisis of confidence in his
government is sapping growth and the best hope for the economy
is a return to democracy in December.

``The new government's biggest challenge is to bring about
political stability, then the economy will take care of
itself,'' Chalongphob Sussangkarn, 57, said in an interview in
Bangkok. ``We can get back to a normal growth rate, which is
around 6 percent to 7 percent,'' within a year.


Read more at Bloomberg Emerging Markets News

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