Thailand lost about $50 billion in tourism revenue last year, but this week its prime minister said he was willing to take a calculated risk to reopen the country.
Its prime minister described it as a calculated risk to revive its troubled economy.
“I know this decision comes with some risk because, when we open the country, there will be an increase in infections, no matter how good our precautions. But, I think, when we take into consideration the economic needs of people, the time has now come for us to take that calculated risk.”
Strict entry requirements helped keep Thailand’s coronavirus outbreaks under control until recent months. But it’s come at a price.
The country lost about $50 billion in tourism revenue last year – an 82% plunge. Prayuth said Thailand is ahead of target in securing 105.5 million doses of vaccine for this year
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