Thai economy may grow less than forecast after new outbreak-c.bank
Thailand’s economy may expand less than forecast this year, a central bank official said on Friday, after a third wave of coronavirus infections and concerns about the presence of a highly contagious variant.
The tourism-reliant economy suffered the deepest slump in over two decades last year, down 6.1%, due to the impact of the pandemic, with the key tourism sector still struggling.
Uncertainties remain, with a risk that growth could be less than the Bank of Thailand’s 3.0% forecast this year, senior director Chayawadee Chai-Anant told an analyst meeting.