A child sits at a table in front of closed shops at Pratunam market in Bangkok on April 16, 2021, as Thailand imposes further restrictions to deal with a spike in the number of Covid-19 coronavirus cases. (AFP photo)
Thailand’s joint business group on Wednesday trimmed its 2021 economic growth forecast for the second time this year to 1.5-3.0% from 1.5-3.5% after a third wave of coronavirus infections, despite improved exports.
The tourism-reliant country is struggling with a new outbreak that includes a highly contagious variant, with over 17,700 infections recorded in three weeks, dealing a blow to its already slow economic recovery.
The new economic projection is based on an assumption that Thailand will meet its vaccination targets and introduce fiscal measures of more than 200 billion baht ($6.39…
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