Country Economic Forecasts - Thailand

Attention: There is an updated edition available for this report.

Country Economic Forecasts - Thailand

We have slashed our 2020 GDP growth forecast to -1% from 1.9% a month ago given the unprecedented shutdown of international travel, large cuts to our global forecasts, as well as domestic lockdown measures implemented to dampen the spread of the coronavirus. We expect the Bank of Thailand (BoT) to reduce interest rates a further 25bp, to 0.5% in Q2. Coupled with more fiscal measures and the hoped-for improvement in global and domestic activity in H2, we expect the economy to rebound to 4.7% growth in 2021.

Thailand: The following represents a general Table of Contents outline for the Country Economic Forecast.
The actual report may cover any or all of the topics listed below.
Highlights and Key Issues

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