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Economic recovery hampered by lagging tourism

Tourists mimick the statues at the base of a golden stupa at Wat Phra Kaeo inside the Grand Palace, Bangkok, on Sunday. (Photo: Varuth Hirunyatheb)

Thailand’s economic recovery is being supported by stronger exports, but the pace will be affected by only a gradual recovery in the number of foreign tourists, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

Southeast Asia’s second-largest economy was among the first destinations in Asia to reopen to vaccinated tourists last year, but authorities have been slower to remove entry rules perceived as more cumbersome than in other parts of the region.

“Our export sector is strong, but tourism recovery will be gradual,” Mr Arkhom said at Post Today Forum 2022, an online…

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