BANGKOK :Thailand's Prime Minister Srettha Thavisin met the governor of its central bank on Monday, less than a week after an unexpected hike in interest rates seemed to clash with government efforts to stimulate the economy. Earlier in the day Srettha had reiterated plans to inject 560 billion baht ($15 bill
Thailand's Prime Minister Srettha Thavisin delivers the policy statements of the Council of Ministers to the parliament, in Bangkok, Thailand, September 11, 2023. REUTERS/Athit Perawongmetha/File PhotoBANGKOK :Thailand's Prime Minister Srettha Thavisin met the governor of its central bank on Monday, less than a week after an unexpected hike in interest rates seemed to clash with government efforts to stimulate the economy.
The bank raised its 2024 forecast to 4.4 per cent from 3.8 per cent. Growth was a sluggish 2.6 per cent last year. All 20 economists in a Sept. 27-29 Reuters poll expected the BOT to hold rates at its next review on Nov. 29.
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