30.6 C
Bangkok
Thursday, May 16, 2024

Thailand needs tighter fiscal stance

Pedestrians walk past shops in Bang Kapi district, Bangkok, on Aug 20, 2023. (Photo: Varuth Hirunyatheb)

The Bank of Thailand (BoT) wants the new government led by Srettha Thavisin of the Pheu Thai Party to pursue fiscal consolidation in tandem with monetary policy to avoid fuelling inflation in the economy.

That is part of BoT Governor Sethaput Suthiwartnarueput’s wish-list as he seeks to mitigate the impact of tighter United States interest rates on Southeast…

Read more…

Latest Articles