BANGKOK: Thailand can deploy monetary and fiscal steps to cushion the effects of low inflation and slow economic growth as the country’s recovery remains modest and there are downside risks, the International Monetary Fund (IMF) said.
The recovery is expected to advance at a moderate pace in the near to medium term amid risks such as global uncertainty and financial volatility, the IMF said in a statement yesterday after completing its annual review of South-East Asia’s second-largest economy.
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