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flag Thailand plans to nominate bank president Vitai Ratanakorn as next central bank governor amid economic challenges.

flag Thailand's finance minister plans to propose Vitai Ratanakorn, president of the Government Savings Bank, as the next central bank governor. flag The nomination faces a delay and needs cabinet and royal approval. flag Ratanakorn's appointment comes as Thailand's economy struggles with high household debt and weak consumption. flag The new governor will face pressure to coordinate fiscal and monetary policies to boost the economy.

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