Thailand’s fiscal and monetary policies must continue to align to ensure the economy will recover fully, the finance minister said on Monday.
The central bank, however, may consider raising its key interest rate when the economy recovers strongly, Finance Minister Arkhom Termpittayapaisith told the Forbes Thailand Forum 2022, in the face of surging inflation.
“But for now, fiscal and monetary policies must go together,” he said, as the government tries to support an otherwise slow economic recovery.
“The central bank must strike a balance between capital inflows and outflows, and economic matters to ensure that our…
