BANGKOK (The Nation Thailand/ANN): As Thailand continues to shift away from crisis response to longer-term goals, the policy focus should be on rebuilding fiscal space to cope with future shocks and promote sustainable long-term growth, a group of economists said.
The ASEAN+3 Macroeconomic Research Office (AMRO) assessed Thailand’s economic outlook and said that the pace of rebuilding fiscal space could be speeded up by introducing additional revenue-enhancing measures as well as tax policy and administrative reforms.
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