Thailand Recorder

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Supattanapong lists risk factors that are being addressed

Published by
The Bangkok Post

Despite growth prospects, the Thai economy still has to brave a spate of risk factors such as high inflation, soaring energy prices, persistent Covid-19 outbreaks and relatively hefty household debt, says Deputy Prime Minister Supattanapong Punmeechaow. According to Mr Supattanapong, rising inflationary pressure driven by recovering global demand and the escalating conflict in Europe may affect global energy prices. This uptick in prices may pose a short-term risk to the country’s economic growth, he said. “The government is crossing its fingers that the international conflict should not escal…

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