Thai economy needs monetary, fiscal, financial policy mix – BoT
‘Single policy tool insufficient to mitigate more frequent shocks,’ central bank says
Loose monetary policy, and targeted fiscal and financial measures have been implemented to tackle the challenges facing Thailand’s economy, the country’s central bank said in a report published on August 5, which stated that a single policy tool was insufficient to address more frequent economic shocks.
The Bank of Thailand’s (BoT) Q2 monetary policy report said the country’s economy was expected to grow at a quicker pace than previously thought in the coming months, though this growth would
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