2021 keys are growth, restructuring
Economy projected to recoup expected 6% GDP contraction in 12-18 months
The two main directions of next year’s economic policies are to sustain economic growth and restructure Thailand’s economy, says Deputy Prime Minister Supattanapong Punmeechaow.
Sustaining a GDP growth rate of 3.5-4% is crucial and the government projects the economy will recoup its expected 6% GDP contraction this year within the next 12-18 months, said Mr Supattanapong.
Besides capital reserves allocated from the 1-trillion-baht emergency loan decree, fiscal policy will be used to shore up next year’s economic growth, he said.
The extent of fiscal policy implementation will depend on economic…
