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Central Bank: Thai economy slowly recovering

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BANGKOK, Nov 3 — The Bank of Thailand (BoT) says that the Thai economy is picking up slowly.

It hopes for the quick disbursement of government budgets to stimulate the economy late this year.

Roong Mallikamas, BoT senior director for its Macroeconomic and Monetary Policy Department, said the Monetary Policy Committee will meet Wednesday to consider economic performance figures and the repurchase rate that was at 2 per cent annually year as the national economy in the third quarter recovered quite slowly and unclearly in all sectors.

Read more: MCOT