PM complains about Thai Central Bank's decision to increase policy rate
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PM complains about Thai Central Bank's decision to increase policy rate
13 Sept 05:36Key points summarised by AI
Prime Minister Srettha Thavisin openly disagrees with the Bank of Thailand's current policy rate, deeming it excessively high amidst consistently falling inflation.
The central bank's Monetary Policy Committee unanimously raised the rate to 2.50% in September, reconfirming it in November, despite the PM's ongoing consultations and differing opinion.
Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.