Higher interest ‘will hurt the poor, SMEs’
Prime Minister Srettha Thavisin says he will meet the Bank of Thailand (BoT) governor to discuss the central bank’s strategy to raise the policy rate.
The prime minister has voiced his opposition to the policy, saying it will cause problems for the poor, as well as small- and medium-sized businesses.
In a post on X on Sunday night, Mr Srettha noted the central bank is planning to raise its policy rate even though there has been negative inflation for months.
The increase will not benefit the…
