The Asian Development Bank (ADB) has revised down its projection on the Thai economy for 2009 from a contraction of 2 percent to 3.2 percent, ADB country director for Thailand, Jean-Pierre Verbiest, said Tuesday. The revision on the Thai economy was based on the impact of global recession and the current political uncertainty, which have hurt confidence of the business sector and diminished the domestic consumption, the website by Bangkok Post reported. 'Even if there is a sign showing that the economic recession has bottomed out, the political turmoil has pressured the country to post the lowest economic growth rate in Southeast Asia,' the ADB director said. The political conflict has remained a major risk factor for the country's future recovery, he said. 'If there is any political unrest, it will affect the government 's economic stimulus measures under its Thai Khem Kaeng (Strong Thailand) scheme,' Verviest said. ADB also projected the Asia region's economic expansion would be around 3.4 per cent, boosted by the recovery in China and India. 