Thailand drops export growth target to 9%

But Finance Minister Kittiratt said that the government's 7% growth target stands pat.

According to OCBC, Finance Minister Kittiratt said that the government still aims for a 7% growth target this year, despite lowering its 2012 export growth target to 9% from 15% previously. Meanwhile, the government plans to spend another THB 15mn to buy up rubber sheet from local farmers in a bid to push up domestic prices.

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