BoT decreases growth outlook to 3.2% in 2021
New virus headaches dent tourism
With uncertainties and downside risks remaining, the Bank of Thailand has slashed the country’s GDP growth outlook for next year by 0.4 percentage points, attributed chiefly to an anticipated delay in tourism recovery.
GDP growth was lowered to 3.2% from 3.6% projected previously as the impact of a prolonged outbreak abroad and a new outbreak in Thailand is likely to delay a recovery in tourism, said Titanun Mallikamas, assistant governor of the monetary policy group.
The central bank forecasts…
