BoT outlines possible recovery paths
The economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank.
The V- or U-shaped recovery mainly depends on foreign tourist arrivals and the global economy, said Don Nakornthab, who is in charge of the economic and policy department at the central bank. Foreign arrivals are not expected to return rapidly, given lockdown policies worldwide and in Thailand.
Somruedi Banchongduang
