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Thailand can return to 3% growth within 2-3 years, central bank official says

Thailand's return to economic growth of about 3 per cent is "definitely possible" within three years if it can tackle some of its structural issues, a deputy central bank governor said on Wednesday, signalling alignment with the government's stance. The Bank of Thailand's monetary policy will remain accommodative for now and the policy rate, currently at 1.00 per cent, will normalise only when the economy is ready, Piti Disyatat, the deputy governor for monetary stability, told Reuters.  [...]