BOT focuses on pre-emptive moves to mitigate Covid-19 impact on economy

Pre-emptive measures will be launched in three areas to prop the economy up, it was decided at a meeting of the Bank of Thailand (BOT)’s Monetary Policy Committee and the Financial Institutions Policy Committee.

At the year’s first biannual meeting on July 7 of the two committees, “The meeting focused on detailed scenario analysis of the Covid-19 crisis and its impact on the Thai economy, as well as the risk of business’ credit rating being downgraded due to the economic recession,” said the report.

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The Nation Reporter