Asian Economy: Overview, Growth and Development-Monetary policy to stay supportive.

Byline: S. Kamal Hayder Kazmi

Thailand's central bank said yesterday there was high uncertainty facing the economy and monetary policy would remain accommodative to support a recovery from the country's most prolonged outbreak of the coronavirus. The Bank of Thailand (BoT) has forecast economic growth of 0.7 percent this year, bottoming out in the third quarter and growing 3.9 percent in 2022. The economy contracted 6.1 percent last year...