Thais with high savings are urged to help the country by spending more at time when tourism is sluggish, Deputy Prime Minister Supattanapong Punmeechaow told a business seminar.
On Wednesday, however, the central bank trimmed its 2021 GDP forecast to 3.0% growth from 3.2%.
Thailand's exports in February dropped a bigger-than-expected 2.59% from a year earlier, weighed down by lower gold shipments, the commerce ministry said on Thursday.
The reading compares with a fall of 1.50% forecast in a Reuters poll and a 0.35% increase in January.
Excluding gold, exports would have increased 4.01% in February.
On Wednesday (March 25), Thailand's central bank left its key interest rate unchanged at a record low on Wednesday, as widely expected, but slightly lowered its 2021 GDP growth forecast after a second wave of coronavirus infections hit economic activity.
The Bank of Thailand's (BOT) monetary policy committee voted unanimously to hold the one-day repurchase rate at 0.50% for a seventh straight meeting. - Reuters