Thailand: Staff Report for the 2015 Article IV Consultation

May 7, 2015

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Thailand: Staff Report for the 2015 Article IV Consultation, (USA: International Monetary Fund, 2015) accessed September 18, 2024

Summary

This 2015 Article IV Consultation highlights that after a sharp contraction in the first quarter of 2014, Thailand’s economy experienced a modest recovery in subsequent quarters, to expand by 0.7 percent in the year as a whole. Inflation decelerated toward the end of 2014 and became negative in January 2015 owing to a sharp decline in oil prices. The recovery is expected to continue in 2015 with growth projected at 3.7 percent on account of some rebound in consumption, including from lower fuel prices, and in private investment as backlogs of project approvals have been largely cleared by various government agencies.

Subject: Commercial banks, Credit, Financial institutions, Inflation, Money, Oil prices, Prices, Public debt

Keywords: Commercial banks, CR, Credit, Fuel price reform, Global, Government, Headline inflation, Inflation, Inflation expectation, Infrastructure investment program, ISCR, Oil prices, Promotion strategy, Thai authorities, U.S. dollar

Publication Details

Pages:

77
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/114
Stock No:

1THAEA2015001
ISBN:

9781475519679
ISSN:

1934-7685

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