Full economic recovery will likely take six to 12 months, as government stimulus spending begins in earnest in the fourth quarter, says M.R. Chatumongol Sonakul,the chairman of the Bank of Thailand. He said exports had begun to improve with the global economy, but cautioned against hopes of a sharp turnaround.
Full recovery could take six to 12 months
the authorThaiVest Editorial Team
The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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