FILE PHOTO: Security officials stand next to a temperature control point in front of a closed nail salon at a BTS commuter train station in Bangkok on Jan 2, 2021, after the capital announced on Saturday partial lockdown measures to deal with a recent uptick in Covid-19 coronavirus cases. (AFP)
The government cut its estimate for economic growth this year to 2.5-3.5% after Thailand suffered its worst slump in more than two decades in 2020 due to the shock from the Covid-19 pandemic.
The government had previously forecast growth 3.5-4.5% for this year, and the downward revision comes despite latest data showing the economy shrank less than expected in the October-December quarter as domestic activity and exports recovered after coronavirus restrictions were eased.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
