Thai governor calls for bigger fiscal boost
“More needs to be done”, Santiprabhob says, as Thai economy faces major contraction
The Thai government should use fiscal policy more to help the economy cope with the coronavirus pandemic, the Bank of Thailand’s governor said on August 21.
“In such critical condition, the one who is capable of stimulating the economy is the government… and more needs to be done” Veerathai Santiprabhob told journalists, Reuters reports. Thailand’s government has so far implemented a 1.9 trillion baht ($60.37 billion) fiscal package in response to the pandemic.
Santiprabhob is due to step down
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