The government issued lockdown measures in 13 provinces.

senior director Macroeconomic Department The Bank of Thailand or the Bank of Thailand (BOT) Chayavadee Chai-anan stated that due to the outbreak of COVID-19 Delta species That made the infection more severe and dragging on than expected. As a result, the government issued lockdown measures in 13 provinces including Bangkok to control the outbreak. But the current situation is still highly uncertain. And the lockdown is still at risk of being extended.
In this regard, the Bank of Thailand has prepared an estimate of the impact on GDP in 2021. It is estimated that in the event that the situation improves after the lockdown, if the epidemic is controlled, the number of daily infections will decrease by 40 per cent from the current level of more than 1. ten thousand people per day And being able to control the situation in August will affect the GDP forecast for this year to drop 0.8%, but in the event of a bad situation is to control the outbreak to be reduced by only 20%, which is at risk of re-emergence This will affect the GDP growth forecast for this year, down 2.0% from the forecast of 1.8% this year’s GDP.
“At the end of the month In June, we expect the Thai economy to grow by 1.8% in 2021, while the 0.8-2% impact of COVID on GDP may not be directly offset because there are other factors such as fiscal measures. exports, which may interfere with the economy But he acknowledged that the current situation poses an increased risk to economic forecasts.”
Meanwhile, the economic recovery in 2022 is expected to be slower than expected. Because it depends on the distribution of the vaccine is important. In addition, the outbreak of viral strains affects the group immunity. May have to rise to 90-92% from 80%. There are also other pressure factors such as foreign policy opening. Fiscal Policy and Economic Stimulation Financial position and business liquidity
The issues that must be monitored in the next phase include short-term readiness for public health. and the manufacturing sector that may be affected by outbreak control measures In the long term, effective vaccine distribution should be accelerated to the general public instead of strict control measures. which may be necessary in the short term but does not meet the economic needs
The government must prepare sufficient and long-term tools and measures. which must do its best in both monetary and fiscal policy Because each measure has limitations. Including taking into account the practical use in the current situation, such as preparing more channels to access online help.