Thailand’s economy should rebound from the shock dealt by the coronavirus pandemic and be ready to reopen to the outside world by the second half of 2021, the kingdom’s finance minister told the Financial Times.
Arkhom Termpittayapaisith also acknowledged that six months of anti-government protests had affected south-east Asia’s second largest economy, but said the impact had been “limited” because most demonstrations did not drag on and were confined to specific areas of Bangkok.
“Optimistically, I think by the second half of next year, our economy should be recovered,” Mr Arkhom said. “We project our economic growth at about 4 per cent,” the same rate of growth Thailand achieved in 2018.
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