NEW DELHI, 7 May 2013 Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong has affirmed participants of the annual meeting of ADB Board of Governor that the Thai economy will grow no less than 5 percent this year.
DPM Kittiratt made the announcement during a speech he delivered to the 46th Annual Meeting of ADB Board of Governors, held in India.
He stated that Thai economy has expanded satisfactorily in 2012, when the growth rate was at 6.4 percent.
Mr. Kittiratt went on to say that the government has been working on a number of key development strategies, with emphasis on efforts to help the country out of the middle-income trap while promoting growth in a more complete way.
At the meeting, the Deputy PM held a bilateral meeting with Japanese Deputy Prime Minister and Finance Minister Taro Aso to discuss and exchange ideas regarding economic promotion cooperation between Thailand and Japan.
He also met with Mr. Nobuyuki Hirano, the President at Bank of Tokyo-Mitsubishi UFJ, Limited to talk over Japan’s role and support in the “Thailand 2020” project and the development of the Dawei special economic zone, for instance.
Later, Mr. Kittiratt held talks with the World Bank’s Vice President Axel van Trotsenburg regarding various topics, including the country’s financial cooperation and the concept of financial inclusion, as well as other issues.
