Thailand’s macroeconomic policy at a ‘turning point’ – Santiprabhob
Policy will have to evolve to support the economy rather than stimulate it, governor says
Thailand’s macroeconomic policy needs to evolve as the country moves from its recovery phase to an expansionary one, the governor of the country’s central bank said.
“After five years of sub-par growth rates, Thailand has managed to restore economic growth to its potential,” Veerathai Santiprabhob said on August 29.
In the past, Thailand’s macroeconomic policy has acted as a stimulative tool; it will now have to transition to support an economy looking to grow on a “sustainable basis”, the
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