From left, economists Yunyong Thaicharoen, Charl Kengchon, Burin Adulwattana and Somprawin Manprasert share their views on the economic outlook post-Covid crisis at an exclusive roundtable hosted by Nation Group and Nation TV. - The Nation Thailand/Asian News Network
BANGKOK, July 7 (The Nation Thailand/ANN): Up to 30 per cent of total bank loans may be restructured under the government’s scheme, while local corporates may need up to Bt1.7 trillion liquidity injection to survive the Covid-19 fallout, economists warned, predicting that it will take a while for the economy to fully recover.
The Thai economy this year is expected to contract even deeper than it did during the 1997 Asian financial crisis, said Charl Kengchon, executive chairman at Kasikorn Research Centre.
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