Over 800 Thai economists warn political interference in central bank leadership could harm stability.

Over 800 Thai economists, including former Bank of Thailand governors, have voiced concerns about political interference in selecting the central bank's board chairman, warning it could jeopardize long-term economic stability. The nomination of former Finance Minister Kittirat na Ranong, a political ally and critic of current BOT Governor Sethaput, has heightened fears regarding the bank's independence. The selection committee is currently under pressure amidst rising tensions.

November 09, 2024
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