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Bangkok Post
Bangkok Post
Business

World Bank urges more direct aid

Mr Zarcone says more environmentally sustainable approaches to economic production can promote growth that is resilient to external shocks.

Fabrizio Zarcone, the newly appointed World Bank country manager for Thailand, recommends three fiscal measures to help protect Thai households from shocks, build social cohesion and resilience while creating space for public investment.

Mr Zarcone said the Thai government's response to the Covid-19 shock was commendable. Large amounts of social assistance was provided rapidly, including to those most in need.

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