Thailand’s tourism-dependent economy should receive 8 million foreign visitors next year and see a recovery to a pre-coronavirus pandemic level of 40 million visitors by 2024, Finance Minister Arkhom Termpittayapaisit said on Wednesday.
Southeast Asia’s second-largest economy contracted 6.4% in the third quarter from a year earlier after slumping 12.1% in the prior quarter, with tourism taking a hit.
The economy is expected to take two years to recover but the tourist sector should take until 2024, Mr Arkhom told a business seminar.
“If global travel gets better than expected after there is a vaccine, our tourism…