Long-term measures necessary to revive Nakhon Ratchasima economy

Long-term measures necessary to revive Nakhon Ratchasima economy

By The Nation

Nakhon Ratchasima is still in crisis because the province has lost more than 70 to 80 per cent of working capital due to the Covid-19 outbreak, which has resulted in the stagnation of the provincial economy, chairperson of the local chamber of commerce Chatchawan Wongjohn said on Friday (August 28).

He added that discussions with local sectors revealed that more government stimulus measures are necessary to help revive the local economy, which will take at least two to three years to recover. 

The meeting agreed that the government has to offer support to small businesses as soon as possible and that this has to be more on a long-term basis.

Source: https://www.nationthailand.com/business/30393681