Think tank cuts Thailand's 2021 growth forecast as Covid-19 infections surge


A volunteer from the Zendai organization speaks to a family in home isolation in a Covid-19 stricken community in Nong Chok district in the outskirts of Bangkok on Monday, July 26, 2021, as hospital beds for infected patients remain scarce across the nation. - AFP

BANGKOK, July 26 (Xinhua): Thailand's Kasikorn Research Centre, a think tank, has lowered its forecast for the country's economic growth this year to 1 per cent from a previous estimate of 1.8 per cent as a prolonged wave of the outbreak dampened growth outlook.

Due to limitations of the Thai public health system, more stringent Covid-19 containment measures have been implemented, which would further affect the business sector and employment and in turn the purchasing power and confidence of consumers, the research center said.

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