Fiscal, monetary policies to be more proactive, flexible Business

Fiscal, monetary policies to be more proactive, flexible

Fiscal and monetary tools and policies should be governed in a more proactive and flexible manner from now to year’s end in order to maintain macro-economic stability and boost growth, according to the National Advisory Council on Financial and Monetary Policies.
Thai central bank lowers economic outlook World

Thai central bank lowers economic outlook

The Bank of Thailand (BOT) has reduced its economic outlook to a contraction of 8.1 percent this year, deeper than the 1997 financial crisis, but kept the policy rate on hold at 0.5 percent, according to local media.
Thailand cuts key rate to record low to help economy ASEAN

Thailand cuts key rate to record low to help economy

The Monetary Policy Committee (MPC) under the Bank of Thailand (BoT) on May 20 cut its policy rate by 25 basis points to a record low of 0.5 percent, to help soften the economic impact of the pandemic and social distancing measures.