Thailand: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Thailand

June 3, 2021

Preview Citation

Format: Chicago

Thailand: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Thailand, (USA: International Monetary Fund, 2021) accessed September 19, 2024

Summary

A nascent recovery is underway in Thailand following the COVID-19 downturn. Ample policy buffers, underpinned by judicious management of public finances, allowed the authorities to implement a multipronged package of fiscal, monetary, and financial policies to mitigate the COVID-19 impact on households, businesses, and the financial system. This, together with rigorous containment measures, led to a successful flattening of the infection curve during most of 2020. Nevertheless, the pandemic has taken a large toll on the economy, potentially inducing long-term scarring and increasing inequality.

Subject: COVID-19, Economic sectors, Financial institutions, Fiscal policy, Fiscal stimulus, Health, International organization, International trade, Loans, Monetary policy, Tourism, Trade balance

Keywords: Bank of Thailand 's Monetary Policy Committee, COVID-19, Fiscal stimulus, Global, Government's reopening plan, Loans, Pace of vaccination, Tourism, Trade balance, U.S. dollar, Vaccination plan, Vaccine brand

Publication Details

Pages:

104
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2021/097
Stock No:

1THAEA2021001
ISBN:

9781513573021
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports