What are the challenges for the secretary-general of NESDC amid a global economic crisis caused by the pandemic? For the economic crisis in 2008-09 that spread across the US and Europe, the Thai government implemented stimulus measures to spur domestic consumption and keep the country afloat. The country's lockdown measures and a sharp fall in foreign visitors can be blamed for the 12.2% GDP contraction in the second quarter. The proportion of non-performing loans to total loans was 3.08% in the second quarter, up from 3.04% in the first quarter, while public debt made up 44.8% of GDP in the second quarter, up from 41.7% in the first quarter. What is the role of the agency in monitoring and evaluating the progress of planned infrastructure development and regional development projects?

Source: Bangkok Post October 13, 2020 23:21 UTC