Years before Thailand sees 40m tourists again: BoT

• Jul 20, 2020

The Bank of Thailand (BoT) chief said on Monday it would take several years for foreign tourist numbers to return to the 40 million levels with the coronavirus pandemic hitting a lucrative industry that provides a lot of jobs.

The BoT expects only 8 million foreign visitors this year, down 80% from last year’s record 39.8 million.

Bad loans in the country will rise but new steps should prevent them from surging, Governor Veerathai Santiprabhob told a seminar.

Source: https://www.bangkokpost.com/business/1954411/years-before-thailand-sees-40m-tourists-again-bot