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UPDATE 1-Thailand approves $11.3 bln of support measures for businesses


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2021-03-23T084934Z_1_LYNXMPEH2M0HK_RTROPTP_4_THAILAND-ECONOMY-CENBANK.JPG

FILE PHOTO: Bank of Thailand Governor Sethaput Suthiwartnarueput speaks during his first briefing on the economy and monetary policy after taking office in Bangkok, Thailand October 20, 2020. REUTERS/Chalinee Thirasupa

 

BANGKOK (Reuters) - Thailand's economy is expected to return to pre-coronavirus pandemic levels in the third quarter of next year, with the recovery slow and uneven as tourism remains sluggish, the central bank governor said on Tuesday.

 

The tourism-reliant economy could take at least four to five years to see the number of foreign tourists return to normal levels, of about 40 million a year, Sethaput Suthiwartnarueput told a briefing.

 

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-- © Copyright Reuters 2021-03-23
 
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If tourism will take 4 - 5 years to recover, how can it be possible for the "recovery" to pre-coronvirus economy to occur in 6 months?

 

 

Just an inquiring mind......

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