Ex-central bank governor Sethaput joins Privy Council
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Ex-central bank governor Sethaput joins Privy Council
10 Sept 13:38Key points summarised by AI
His Majesty the King appointed former central bank governor Sethaput Suthiwartnarueput as a privy councillor, effective March 26.
Sethaput led the Bank of Thailand from 2020-2025, steadfastly preserving its independence on interest rate policy despite significant political pressure.
His distinguished career spans key roles at the World Bank, Thailand's Finance Ministry during the 1997 Asian crisis, the Stock Exchange of Thailand, and the Siam Commercial Bank Group.
An accomplished economist, he holds a BA from Swarthmore College and MPhil/PhD from Yale University, underpinning his extensive expertise.
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.