The economy is on course for continuous recovery driven by increasing tourism activities and active private consumption, with the growth rate expected to return to pre-Covid level by the end of this year or beginning of 2023, according to Anucha Burapachaisri, the government spokesman.
He cited forecasts by the International Monetary Fund (IMF) and the Bank of Thailand.
In its latest world economic report, the IMF left its 2022 prediction unchanged at 3.2%, but expects a meagre 2.7% global growth rate next year, down from the 2.9% it projected in July.
