The Minister of Finance is expecting the economy will grow 4-4.5% next year, however it may take up to 4 years for visitor numbers to recover.
This upward revision reflects the better-than-expected performance 3Q20, which can be attributed to stronger government spending and a rebound in exports
Thai economy next year is expected to grow by 3.5-4.5 percent, while the Ministry of Finance has prepared more measured to be rolled out
The JSCCIB now expects the Thai economy in Q4, 2020 to continue recovering, with the annual performance this year expected to shrink to within the margin...
The International Monetary Fund's (IMF) has revised up Thailand's economic outlook to a 7.1 percent contraction, from a 7.7 percent decline, due to the government's measures...
Thailand’s economy should contract between 8% to 12% this year given its reliance on exports and tourism and the strong baht, which gained more than 6%...
At present, the Thai authorities are continuing to stimulate the economy to achieve optimal growth levels, before activity levels return to pre-Covid-19 levels towards the end...
Thailand's central bank's monetary policy committee (MPC) voted unanimously to leave the one-day repurchase rate untouched at 0.5%.
