Fiscal, monetary policy to help ensure full recovery in 2024 – Arkhom
The finance minister says the Russian invasion of Ukraine may affect tourism
An Aeroflot plane that brought 275 Russian tourists to Thailand sits on the tarmac at Phuket International Airport on Nov 6, 2021. (Bangkok Post file photo)
Thailand’s fiscal and monetary policy are still operating together to achieve 4% economic growth this year and ensure a full economic recovery, the finance minister said on Thursday.
The central bank had forecast Southeast Asia’s second-largest economy, which expanded 1.6% last year after a 6.2% contraction in 2020, would be fully recovered in 2024, Arkhom Termpittayapaisith said.
“Coordination between monetary and fiscal policy will continue until we are…
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