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The Impact of COVID-19 on Thailand
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Thailand has been successful in stemming the tide of COVID-19 infections over the last three months, but the economy is expected to shrink significantly in 2020. The recovery will be gradual, as the economy may take more than two years to return to pre-COVID-19 output levels and will depend on an effective policy response, in particular support for vulnerable households and firms. Still haven’t subscribed to World Bank YouTube? ► ► ► http://wrld.bg/x4SB50x47Lu Get more stories on development with our newsletter. Choose from different categories and select your preferred language: https://www.worldbank.org/en/newsletter-subscription ABOUT THE WORLD BANK GROUP The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. Website: http://www.worldbank.org Immersive Stories: https://www.worldbank.org/en/who-we-are/news/biggerpicture Events: http://live.worldbank.org Follow us on social media ► ► ► Facebook: http://www.facebook.com/worldbank Twitter: http://www.twitter.com/worldbank Instagram: http://www.instagram.com/worldbank LinkedIn: https://www.linkedin.com/company/the-world-bank
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2020-06-30T15:09:37Z
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Thailand has been successful in stemming the tide of COVID-19 infections over the last three months, but the economy is expected to shrink significantly in 2020. The recovery will be gradual, as the economy may take more than two years to return to pre-COVID-19 output levels and will depend on an effective policy response, in particular support for vulnerable households and firms.
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