Q3 rebound eyed from relief boost
Thai GDP in the first and second quarters of 2020 faces a sharp year-on-year decline due to the global economic slowdown, widespread drought and coronavirus impact.
But prospects are expected to improve in the third quarter onwards, boosted by the 1-trillion-baht plan for cash handouts to virus-hit people and farmers, public healthcare spending, and economic and social rehabilitation — part of the government’s latest 1.9-trillion-baht relief package to help individuals and businesses during the outbreak.
Bangkok Post Reporter
