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Monday, October 5, 2026

Govt plays down cost of floods

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People sit at a pier near Rama VIII Bridge in Bangkok as the Chao Phraya River rises following the release of water at an average rate of 2,382 cubic metres per second. The level remains below Bangkok's flood-defence threshold of 3,600 cubic metres per second. photo: Apichart Jinakul
People sit at a pier near Rama VIII Bridge in Bangkok as the Chao Phraya River rises following the release of water at an average rate of 2,382 cubic metres per second. The level remains below Bangkok's flood-defence threshold of 3,600 cubic metres per second. photo: Apichart Jinakul

The Finance Ministry estimates the floods will have an impact of less than 0.1% on the overall economy, maintaining its forecast of 2-2.5% GDP growth for 2026.

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