BoT to slash growth outlook
The fresh wave of Covid-19 infections has the Bank of Thailand likely to slash its economic growth forecast for this year from a previous prediction of 3%.
The central bank is monitoring the impact of the third wave, with a downgrade possible because of the effects of the new outbreak on the country’s reopening for foreign tourist arrivals, said Chayawadee Chai-Anan, senior director of the economic and policy department.
Somruedi Banchongduang
