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Academics concerned over political interference in the affairs of central bank

14 Sept 02:17 Key points summarised by AI

A group of 109 academics, including former central bank governors, voiced strong concerns over political interference in the Bank of Thailand's affairs.
They fear the government's anticipated nomination of a politically connected individual for the central bank board chairmanship will compromise its independence.
Such political influence is seen as a threat to the central bank's fiscal policy and the long-term stability and credibility of the Thai economy.
Academics warn that this initial step could lead to the political branch selecting a new central bank governor next year.
They urge the selection committee to act transparently and resist political pressure to protect the Bank of Thailand's autonomy.

Yesterday 14:22 Key points summarised by AI

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.