Kiatnakin’s Phatra Financial Group analysts advised the government to come out with additional measures to relieve the impact on the economy and people amid the Covid-19 crisis.

Phatra Securities of the Kiatnakin Phatra financial group has cut its forecast for gross domestic product (GDP) growth in 2020 from 2.2 to 1.4 per cent, saying the impact on Thailand of the Covid-19 outbreak has been more severe than it anticipated.