NCPO expecting economy to grow 4% in second half

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BANGKOK, 14 August 2014 – The National Council for Peace and Order (NCPO) projected on Wednesday that the economy would expand by four percent in the latter half of the year.

According to the NCPO, the improved growth prospect was due to improvements in consumer confidence and business sector confidence. The accelerated growth in the second half would allow the whole-year GDP growth to reach two percent.

The council also instructed related agencies to ensure the smooth co-existence of the tourism industry and the demands of internal security. More public relations aimed at tourists will be made, and security measures for foreign visitors will be improved.

The council also approved fifteen draft laws on Wednesday, including one aimed at tightening control over surrogacy. The draft bill is aimed at deterring the commercialization of surrogacy, and protecting children born via surrogacy.