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Tuesday, May 14, 2024

Bangkok Post – Govt won’t meddle with BoT policy: PM

Srettha aims to meet gov on weekly basis

The government respects the central bank’s independence and would never interfere with any of its decisions, according to Prime Minister Srettha Thavisin.

However, he expressed his wish to meet the governor of the Bank of Thailand (BoT) on a weekly basis in the hope of improving their work consistency.

Mr Srettha and BoT governor Sethaput Suthiwartnarueput met yesterday at Government House to discuss the central bank’s strategy for raising the policy rate.

The meeting was held after Mr Srettha voiced his opposition to the policy, saying it would cause problems for the poor, as well as for small-and medium-sized businesses.

On Sunday night, he posted on X that the central bank is planning to raise its policy rate.

Speaking after meeting Mr Sethaput, Mr Srettha said…

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