Government eager for rate cut as economy struggles
PUBLISHED : 16 Sep 2024 at 21:50
Thailand’s former deputy premier and finance minister Kittiratt Na Ranong (Photo: Government House)
The government will nominate a ruling party loyalist and critic of the central bank governor for chair of the Bank of Thailand (BoT), seeking to assert influence on the institution amid a protracted rift over interest rates, according to two sources.
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Government eager for rate cut as economy struggles
PUBLISHED : 16 Sep 2024 at 21:50
Thailand’s former deputy premier and finance minister Kittiratt Na Ranong (Photo: Government House)
The government will nominate a ruling party loyalist and critic of the central bank governor for chair of the Bank of Thailand (BoT), seeking to assert influence on the institution amid a protracted rift over interest rates, according to two sources.
The Pheu Thai Party-led…