Thailand governor insists economy is nearing turnaround

Thailand’s tough economic circumstances have ‘reached the trough’

Prasarn Trairatvorakul
Bank of Thailand’s Prasarn Trairatvorakul

Thailand's economic woes may have bottomed out, according to central bank governor Prasarn Trairatvorakul, who called for private business and the financial sector to work together and tackle the country's structural challenges in a speech last night.

Thailand's growth rate has fallen in the past six months on account of a drop in domestic spending, something Trairatvorakul attributes to the "uncertainty" about the country's political situation.

Although the "champagne party" fuelled by tax

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account