JSCCIB predicts Q4 recovery amid jabs

The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) expects the Thai economy to pick up in the fourth quarter this year — faster than earlier projections of the first quarter of next year — if the government can maintain momentum of its vaccine programme.

The country’s mass vaccination rollout, which began on Monday, has been showing good signs. In case the government can manage to vaccinate the country according to its target, it would build people’s confidence and lead to an increase in economic activity and fast recovery of the Thai economy, chairman of the Thai Bankers Association (TBA) Payong Srivanich said after a private council meeting yesterday.

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Bangkok Post Reporter