The government admits it will be difficult to reach its economic growth target of 4% this year because of the latest surge of Covid-19 infections.
Deputy Prime Minister Supattanapong Punmeechaow said the fresh wave of infections has doomed the country’s recovery, making it highly unlikely the economy will grow by 4% this year as projected by the government.
He said exports remain a bright spot and the government vows to maintain plans to roll out fresh measures to boost domestic consumption.
Mr Supattanapong said the government also aims to introduce measures to encourage cash-rich depositors to spend more to stimulate domestic consumption.
He said the government is still maintaining a plan to reopen Phuket.
In July, Phuket is expected to be the first…
