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Bank of Thailand Official Says Fiscal Policy Must Strike a Balance.
Byline: Parista Yuthamanop
Apr. 5--While economic trends remain firmly positive, the Bank of Thailand is staying vigilant about the need to ensure long-term stability.
Atchana Waiquamdee, the central bank's assistant governor for the Monetary Stability Group, said that over the past two years the Thai economy had grown strongly, with domestic consumption and exports both exceeding pre-crisis levels.
"The economy is in an upcycle. We can see this from the continuous growth over the past several quarters and the resiliency of growth even with the domestic and external risks seen last year," she said.
The economic turnaround has brought improved optimism about the future and at the same time raised concerns about whether growth ...
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Source: HighBeam Research, Bank of Thailand Official Says Fiscal Policy Must Strike a Balance.