He said the economy is not expected to totally recovery due to uncertainty in containing the second wave of Covid-19 in Thailand and the strengthening baht, which will impact the export sector.
Meanwhile, the tourism industry is expected to begin to recover late this year after a vaccine becomes available.
Montree said the new round of Covid-19 infections would affect the economy in the first quarter this year, which might see higher contraction compared to the same period last year.
Thailand had earned revenue from tourism in the first quarter last year during the months of January and February, when the country welcomed around 7 million tourists.
Published : January 07, 2021
By : The Nation