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Thailand Set for ‘Strong Growth’ in Tourist Arrivals Next Year

Aug. 31, 2022, 3:33 AM

Thailand’s Finance Minister Arkhom Termpittayapaisith expects international tourists arrivals to continue “strong growth” through 2023, providing a key support for the nation’s economy recovery.

  • Tourist arrivals will climb to 8 million to 10 million in 2022 as relaxation of border restrictions in Thailand and many other countries spur travel demand, Arkhom tells a conference in Bangkok Wednesday
  • Government considers new tax-relief steps to cushion impact of high energy costs on public as the existing measures set to expire in September
  • Better-than-expected tax collections and other revenue provide government fiscal room for any new stimulus, especially energy subsidy, according to Arkhom ...