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Bangkok Post
Bangkok Post
Business

Arkhom: Full economic recovery before any rate hikes

A roadside vendor prays for better sales in Silom, Bangkok's central business district, on Sept 7, 2021. (Photo: Somchai Poomlard, Bangkok Post)

Thailand cannot contemplate any interest hikes until its economy is fully recovered, and fiscal and monetary policy will continue to support businesses and an economic recovery, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

The government is aiming for 4% economic growth this year while trying to develop new growth engines such as startups and digital technologies, the finance minister told a business seminar.

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