Thailand's Finance Ministry has downgraded its growth forecast for the country to 2.8 percent (Photo: VNA) Bangkok (VNA) – The Finance Ministry of Thailand has cut its 2021 economic growth forecast for the country to 2.8 percent from the 4.5 percent projected last October. Kulaya Tantitemit, acting head of the Fiscal Policy Office (FPO), said while stimulus measures have been launched to prop up the economy and the export market is expected to rebound this year, the massive drop in foreign tourists has had the biggest impact on the economy. The revision is in line with the projection that foreign tourist arrivals in Thailand this year will fall further to 5 million,