BoT points to business sector as key to economic recovery
The Bank of Thailand (BoT) is pressing the government to address impact on liquidity from the COVID-19 situation in the business sector, arguing it will speed up economic recovery.
Senior Director of Macro Economics at the BoT Chayawadee Chai-Anant pointed out that measures focused on triggering spending, lowering taxes and providing soft loans to SMEs resulted in significant improvement in the economy in February but admitted the tourism and service sectors are still lagging.
NNT Reporter
