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Sunday, May 12, 2024

Bangkok Post – On the edge of a precipice?

Prime Minister Srettha Thavisin, followed by Bank of Thailand governor Sethaput Suthiwartnarueput, right, enters a meeting, which he chairs on the 10,000-baht digital wallet handout scheme at Government House in October last year. (Photo: Chanat Katanyu)

Tensions between the Bank of Thailand and the coalition government led by Prime Minister Srettha Thavisin, who is also the finance minister, have been apparent for months and flared up last week after the Monetary Policy Committee (MPC) decided to maintain interest rates at 2.5% following a political push for a reduction.

The rift was exposed during the discussion on…

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