Thai Government Seeks More Control Over Central Bank Amid Disagreements

Reported 4 months ago

The Thai government, led by Prime Minister Srettha Thavisin, is considering ways to increase its influence over the Bank of Thailand after clashes over economic policies. Discussions include potentially appointing new officials to key roles in the central bank, with the government aiming to have more say in monetary policy decisions. This move has caused tensions and negative impacts on Thailand's financial markets, with concerns raised about political interference in central bank operations and the risks associated with losing central bank independence.

Source: YAHOO

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