sentences: economic projection after the third wave of the outbreak risks and uncertainties going forward forecast period vaccination benefits monetary policy report march 2021 case 1: additional vaccines procured and distributed (100 million doses in 2021) reduced burden of fiscal relief measures case 2: planned procurement and distribution of • sooner re-opening of the country to foreign tourists (“sandbox vaccines (64.6 million doses) case 3: delayed procurement and distribution of measure”) in time for the tourist season of 2021, which would vaccines (lower than 64.6 million doses in 2021) contribute to tourism recovery in thailand q1 q2 q3 q4 q1 q2 q3 q4 q1 q2 q3 q4 q1 q2 q3 q4 • reduced long-term impact on businesses and employment ' by 3.0%-5.7% of gdp during 2021-22.