BoT warns of GDP growth below 1%
The Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official.
If the virus continues to spread for the entire year, which is longer than the central bank’s base-case scenario, GDP growth could be lower than 1%, said Don Nakornthab, the senior director of the economic and policy department in the monetary policy group.
Somruedi Banchongduang
