Thailand should focus on reviving the economy ahead of injecting money into Covid-19 relief programmes, Finance Minister Arkhom Termpittayapaisith said on Monday, in a move perceived to signal a scaling down of financial aid for victims of the pandemic.
Speaking after a meeting of the Federation of Thai Capital Market Organisations (Fetco), the minister said the government should also take into consideration the country’s financial situation when deciding whether or not to seek more loans.
Although there is room for Thailand to incur around 10% more new public debt given its current ratio of public…