GDP cut by floods: Finance Ministry

The Nation October 10, 2011 11:01 am

Finance Minister Thirachai Phuvanatnaranubala said that the damage could be in the range of Bt60-Bt80 billion, which would shave off the economic growth by 0.6-0.9 percentage point.

Earlier, the University of Thai Chamber of Commerce estimated the maximum damage at Bt130 billion.

Source: http://www.nationmultimedia.com/new/business/GDP-cut-by-floods-Finance-Ministry-30167300.html

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