Economic problems can be solved but it will take time as there are "no magic bullets", Governor Sethaput Suthiwartnarueput told his first briefing.
BANGKOK: Thailand's economy faces severe shocks from the Covid-19 coronavirus pandemic and a recovery is expected to take at least two years to get back to pre-pandemic levels, the country's new central bank governor said on Tuesday.
Southeast Asia's second-largest economy, which is heavily reliant on trade and tourism, could shrink a record 7.8% this year, with tourism badly hit, the Bank of Thailand (BOT) has predicted.
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