BoT says confidence key to spurring recovery
Public confidence will be a key factor in boosting the economy after the government eased its strict Covid-19 pandemic restrictions, according to an executive at the Bank of Thailand (BoT).
The loosening of the rules, which starts on Wednesday, will bring relief to businesses which had been constrained by the restrictions of recent months. However, the central bank will need to monitor the economic situation after the relaxation in order to assess the country’s prospects, said Chayawadee Chai-Anant, the BoT’s senior director for the economic and policy department.
Somruedi Banchongduang
