Govt aims for 4% growth this year driven by recovery in Q4
No plans to cut its 20% corporate tax ceiling
The goverment is aiming to achieve economic growth of 4% this year, with a recovery expected in the fourth quarter of the year, amid expectations that easing coronavirus restrictions will bring in tourism income, Finance Minister Arkhom Termpittayapaisith said on Wednesday.
The tourism-reliant economy contracted 6.1% last year, its deepest decline in over two decades, with tourism devastated by the impact of the pandemic.
The economy is improving but when it fully recovers will largely depend on external factors, Mr Arkhom told a business seminar.
“Exports have not grown that much…
