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Thai PM seeks weekly meetings with central bank governor

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Prime Minister Srettha Thavisin has floated the idea of weekly meeting with Bank of Thailand Governor Sethaput Suthiwartnarueput, after both of them met at Government House yesterday to discuss the general economic situation, inflation, interest rates and the “digital wallet” scheme.

 

Earlier this week, the prime minister expressed disagreementwith the central bank’s increase of the policy rate, claiming that the move is in contrast with the steady decline ininflation. The central bank’s Monetary Policy Committee, unexpectedly, increased the policy rate to 2.50% in September last year and the rate was reconfirmed in November.

 

The prime minister told the media that the meeting had helped both of them to increase understanding of each other’s roles,as he maintained that he did not intervene in the affairs of the central bank or issue any order to the governor.

 

Full story: Thai PBS 2024-01-11

 

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  • Popular Post
2 hours ago, webfact said:

The prime minister told the media that the meeting had helped both of them to increase understanding of each other’s roles,as he maintained that he did not intervene in the affairs of the central bank or issue any order to the governor.

voicing your opinion in puplic is interference 

  • Popular Post

As a politician he should keep his nose out of the Bank of Thailand

14 hours ago, smedly said:

voicing your opinion in puplic is interference 

Depends on the subject matter... or if you're in agreement or disagreement.

3 hours ago, hotchilli said:

Depends on the subject matter... or if you're in agreement or disagreement.

earlier in the week he already said he was opposed to the rate decision something the PM or any MP  should keep to themselves, now he is suggesting he meets with the head of the central bank, he is interfering - 

A quarterly meeting would be more appropriate. Weekly meetings should be refused.

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