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The Thai economy - the current state and the way forward

· Sethaput Suthiwartnarueput, Governor of the Bank of Thailand (Thailand)

Summary written by Dark Majestic in its own words · topics: public finances and debt

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· Sethaput Suthiwartnarueput Wiki · Bank of Thailand WikiThe Thai economy - the current state and the way forward

ContextSpeech at the Japanese Chamber of Commerce in Thailand; the Bank of Thailand keeps prices and finance stable and supports recovery from Covid.

Why it mattersThe Thai governor discusses sustainable household debt.

Problems raised
  1. Household debt is very high in Thailand.
  2. Investor sentiment swings.
  3. Recovery is uneven.
Solutions proposed
  1. Make household debt sustainable.
  2. Maintain strong reserves.
  3. Support recovery.
Read full speech on bis.org ↗

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