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Thai economy seen back to pre-pandemic levels in first quarter, 2023

Thailand's economy is expected to return to pre-pandemic levels in the first quarter of 2023, the central bank said on Monday, as tourism has been slow to recover.

FILE PHOTO: People enjoy Cha-am Beach in Phetchaburi province
FILE PHOTO: People enjoy Cha-am Beach in Phetchaburi province, Thailand, September 26, 2020. REUTERS/Athit Perawongmetha/File Photo

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BANGKOK: Thailand's economy is expected to return to pre-pandemic levels in the first quarter of 2023, the central bank said on Monday, as tourism has been slow to recover.

The central bank will closely monitor the situation and is ready to implement measures as necessary, deputy governor Mathee Supapongse told a seminar on tourism.

(Reporting by Orathai Sriring and Kitiphong Thaichareon; Editing by Ed Davies)

Source: Reuters