Titanun Mallikamas, secretary of the monetary policy committee, said the Thai economy would likely expand at “a much lower rate in 2020” than the previous forecast and “much further below its potential due to the coronavirus outbreak”.
A delayed enactment of the annual budget and a drought were also hampering growth prospects, Mallikamas added.
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.