The Bank of Thailand (BoT) Governor, Vitai Ratanakorn, has issued a warning about the country’s declining economic growth. He attributes this slowdown to deep-seated structural problems hindering progress. These issues are negatively impacting both Thai households and businesses nationwide. Governor Ratanakorn expressed concerns that relying solely on data without addressing core issues is insufficient. He implied a need for significant economic reforms to revitalize growth. The central bank’s assessment paints a concerning picture of Thailand’s economic future, signaling the urgency for comprehensive solutions. Further details regarding the specific structural problems were not immediately available.