The Bank of Thailand said on Friday it might cut its growth forecast for this year in response to a recent coronavirus outbreak, although the impact on economic activity has been less than the first wave of infections.
The new wave, which has seen case numbers almost triple in the last month, could lower the country’s gross domestic product by 1.0-4.0%, depending on its severity and the effectiveness of containment measures, said BoT senior director Chayawadee Chai-Anant.
The BoT on Dec 23 lowered its 2021 GDP growth outlook to 3.2% from 3.6%, which Ms Chayawadee said had taken into account some virus impact.
“But we may have to revise that down because we did not…