Thailand: BOT suggests additional THB1 trillion borrowing, hike in VAT for economic recovery
The Bank of Thailand (BOT) estimates loss in revenue caused by the Covid-19 pandemic from 2020 to 2022 at Bt2.6 trillion. BOT Governor Sethaput Suthiwartnaruepu said on Monday that the prolonging and escalation of the pandemic had hit small and medium-sized operators and people who had lost their jobs the hardest. “The government reserves will […]
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