Vaccination delay threatens another downward spiral for Thai economy

 Vaccination delay threatens another downward spiral for Thai economy

Oxford AstraZeneca COVID-19 vaccine box. Photo: Gencat.cat. CC0 1.0.



The combination of a new wave of COVID-19 and delayed vaccination is set to wreak more damage on Thailand’s economy, with people’s incomes falling further and business risks rising.

Slow vaccination progress coupled with a surge of infections has prompted Kasikorn Research Centre to lower its growth projection for the Thai economy this year from 2.6 percent to 1.8 percent.

Full story: thaipbsworld.com

By Thai PBS World



TN

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