Pandemic pushed 1.5 million Thais into poverty in 2020, World Bank says
An additional 1.5 million Thai citizens fell below the poverty line in 2020 as a result of the economic impact of the Covid-19 pandemic, according to World Bank estimates based on a threshold of USD 5.50 per day.
Declines in income have created economic hardship for many, though the government has made good progress in implementing aid measures for households and firms, the World Bank’s Thailand Economic Monitor said in a report launched on Wednesday.