Growth seen at 2% if vaccine target reached

Growth seen at 2% if vaccine target reached
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published :
25 May 2021 at 04:33
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The economy is expected to achieve 2% growth this year, if the government meets the target of 100 million doses within this year, said Don Nakornthab, Bank of Thailand's senior director for the Financial Stability Department.
The economy is likely to expand by only 1% if the government fails to meet the target, he said yesterday at an online seminar hosted by the Eastern Economic Corridor Office.
He added that the successful vaccination and herd immunity will also have an impact on economic growth next year.
He said the amount of money the government has injected to revive the economy via its fiscal and monetary measures following the Covid-19 pandemic account for as much as 20% of GDP.

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