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Govt Suggested to Spend More on Covid Relief Measures

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Govt Suggested to Spend More on Covid Relief Measures

 

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BANGKOK, Jan 6 (TNA) – The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) on Wednesday proposed that the government spend 200 billion baht more on support measures while it lowered the GDP growth forecast from 2.0-4.0 per cent to 1.5-3.5 per cent.

 

Kalin Sarasin, chairman of the joint business group on commerce, industry and banking, told a briefing after its meeting that the new wave of Covid-19 in Thailand and other countries slowed down economic recovery.

 

It projected that Thai economy in 2021 would grow 1.5-3.5 per cent, based on an assumption that the government expedites spending additional 200 billion baht on relief measures to support the economy and can contain the new epidemic with three months.

 

Full Story: https://tna.mcot.net/english-news/line-today-english-news-612451

 

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-- © Copyright TNA 2021-01-06
 

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