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Economy   2006-10-06 01:08:00-04 Coup hasn't hurt growth prospects: IMF Bangkok, Oct 6: The IMF has said that last month's military coup in Thailand won't be affecting the growth prospects for Southeast Asia's second- largest economy. A spokesperson for the IMF revealed that the organization has kept its projections for Thailand's growth unchanged at 4.5 percent this year and 5 percent in 2007. Growth last year was 4.5 percent. "The reaction of markets has been relatively calm. Economic prospects are overall quite favorable if the political situation remains stable," Bloomberg quoted spokesman Masood Ahmed as saying in Washington. Junta leader Sondhi Boonyarataklin ousted Prime Minister Thaksin Shinawatra's caretaker government on Sept. 19, accusing it of corruption. Thailand's $189 billion economy slowed as government spending stalled after Thaksin dissolved parliament in February. Central bank Governor Pridiyathorn Devakula earlier today said the economy will grow about 4.5 percent this year, supported by an increase in exports. The central bank has quadrupled borrowing costs since August 2004 to keep inflation in check.

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