BoT governor hints at recovery in early 2023 - News Summed Up

BoT governor hints at recovery in early 2023


Bank of Thailand governor Sethaput Suthiwartnarueput (Bank of Thailand photo)Thailand's economy could return to levels logged before the pandemic in the first quarter of 2023, according to the Bank of Thailand governor. The recovery will be slow and uneven across business sectors, governor Sethaput Suthiwartnarueput said on Wednesday at the MFA CEO Forum hosted by the Foreign Ministry. The central bank expects about 6 million foreign tourists next year. Mr Sethaput said Thailand has to ensure its economic recovery remains intact and fiscal and monetary policies stay accommodative to support the recovery. These commercial digital loans will allow greater access to finance, especially for small and medium-sized enterprises (SMEs), said Siritida Panomwon Na Ayudhya, assistant governor for payment systems policy and financial technology group.


Source: Bangkok Post December 10, 2021 06:41 UTC



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