Thailand monitors closely euro zone crisis

Thailand is closely monitoring the impact of the Euro Zone crisis on its economy, especially the export and garment sectors. Prime Minister Yingluck Shinawatra said Wednesday her economic ministers were analysing the situation and preparing measures to cope with the impact should it occur. "We don''t know yet if the country''s economic growth would be affected by the Euro Zone crisis. At the moment, the country recorded better growth after experiencing massive floods last year," she told reporters, here. In stimulating the country''s economic growth, she said the focus would be supporting the small and medium enterprises (SMEs) sector, stimulating domestic economy and strengthening industrial growth. The National Economic and Social Development Board has forecasted the country''s Gross Domestic Product (GDP) of between 5.5 per cent and 6.6 per cent for this year. Asked whether the forecasted GDP growth would be adjusted following the Euro Zone crisis, Yingluck said: "I want to see the rate of the country''s economic growth to maintain." (QNA)