Thailand to take years for foreign tourist numbers to normal: central bank
Governor of the Bank of Thailand (BoT) Veerathai Santiprabhob said on July 20 that it will take several years for foreign tourist numbers to return to the 40 million level.
Thailand's Central Bank Governor Veerathai Santiprabhob (Source: Reuters)
Hanoi (VNA) – Governor of the Bank of Thailand (BoT) VeerathaiSantiprabhob said on July 20 that it will take several years for foreign tourist numbers toreturn to the 40 million level.
The central bank forecastonly an estimated 8 million foreign visitors in Thailand this year, down 80percent from last year's record number of 39.8 million.
The BOT hasforecast Southeast Asia’s second-largest economy will shrink by a record 8.1percent, with bottom seen in the second quarter.
Veerathai said it will take about two years for the economy to return to thelevels before COVID-19, adding that the most worrying issue is employment,particularly in the service and manufacturing sector./.
Foreign visitors still stranded in Thailand by the COVID-19 pandemic will be allowed to apply for an extended short stay after their visas expire on July 31, the Thai Immigration Bureau chief said on July 17.
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Thailand's Central Bank Governor Veerathai Santiprabhob (Source: Reuters) 
