FACTBOX-Thailand's flood crisis and the economy


BANGKOK, Dec 20 (Reuters) - Thailand's worst floods in at least 50 years devastated industry and farmland in the second half of this year but the situation is improving steadily in many areas and some factories are getting back to work. The government, central bank and economists have slashed their economic growth forecasts for the year, but they have predicted a rebound next year due to post-flood spending. Prime Minister Yingluck Shinawatra said on Dec. 8 that flood-related damages had ...

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