Thai economy may take until early 2023 to normalise

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Thailand’s economy could take until the first quarter of 2023 to return to normal position due to a third wave of coronavirus infections and uncertainty over the rollout of vaccines, the central bank governor said on Monday.

As the economic recovery will take time, there is a need to move quickly to resolve liquidity problems facing smaller businesses, Bank of Thailand Governor Sethaput Suthiwartnarueput told a seminar.

Photo: Pedestrians walk past art sculpture at a shopping street in Bangkok, Thailand. EPA-EFE/RUNGROJ YONGRIT