Thailand's exports are expected to reach nine trillion baht by the end of the year, before increasing further to 9.25 trillion baht next year, amid predictions of higher-than-expected economic growth, according to the Commerce Ministry.
Fabrizio Zarcone, the newly appointed World Bank country manager for Thailand, recommends three fiscal measures to help protect Thai households from shocks, build social cohesion and resilience while creating space for public investment.
Thailand's economy is expected to expand by 2.9% in 2022, unchanged from a forecast in April, supported by private consumption and a tourism recovery, according to the World Bank.