News Forum - Minister of Finance: too soon to know Omicron variant effect on economy

[Thaiger]

Will the new and rapidly spreading Omicron variant of Covid-19 have a strong effect on the economy of Thailand? According to the Ministry of Finance, the answer is a solid maybe. Minister of Finance Arkhom Termpittayapaisith says it’s just too soon to know if and how Thailand’s economy will be affected by the Omicron variant. The Ministry of Finance is currently looking at the overall economy and trying to gauge the impact of a new variant that has proved to be more transmissible than any previous variant but is looking likely to be less severe in symptoms and death than […]

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[longwood50]

On 12/24/2021 at 9:26 AM, Thaiger said:

Minister of Finance Arkhom Termpittayapaisith says it’s just too soon to know if and how Thailand’s economy will be affected by the Omicron variant.

Well at least he is being cautious in his answer.  Seems like other government officials grab numbers out of the air as to the number of tourists and the amount of money that will be spent in the Thai economy.