MPC Votes Unanimously to Maintain Policy Rate at 0.50% and Cut Thailand’s Growth to 3.0%
MPC Votes Unanimously to Maintain Policy Rate at 0.50% and Cut Thailand's Growth to 3.0%
On March 24, 2021, the Monetary Policy Committee (MPC) voted unanimously to maintain the policy rate at 0.50% and trimmed Thailand’s growth forecast in 2021 to 3.0% from 3.2% and will later expand by 4.7% in 2022 as the country is still in risk of tourism recovery and coronavirus vaccine distribution.