World Bank and IMF Urged to Adopt New Economic Paradigm
Thailand must build resilience to global economic storms - Finance Minister
TAT reports Bt2bn economic boost from IMF-World Bank meetings
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TAT reports Bt2bn economic boost from IMF-World Bank meetings
Today 10:22Key points summarised by AI
Thailand expects to generate over 2 billion baht in tourism revenue from hosting the 2026 IMF-World Bank Group Annual Meetings.
The event successfully highlighted Thailand's readiness, hospitality, and rich culture through immersive delegate experiences, drawing widespread international commendation.
The Tourism Authority of Thailand (TAT) remains confident in achieving its target of 33 million foreign tourist arrivals for the year, leveraging major international events.
Thailand must build resilience to global economic storms - Finance Minister
Today 21:16Key points summarised by AI
Thailand's Finance Minister, Ekniti Nitithanprapas, urged the nation to bolster macroeconomic resilience and accelerate structural reforms to withstand a series of global economic "storms."
He outlined four major challenges: rising energy prices, geo-economic fragmentation, surging global interest rates and bond yields, and the rapid rise of artificial intelligence (AI).
Despite maintaining fiscal prudence and achieving stable bond yields, the minister emphasized the critical need to support vulnerable groups and leverage Thailand's advantageous position in the global AI supply chain for deeper resilience.
IMF Managing Director Kristalina Georgieva confirmed Thailand's benefit from the AI surge as a key value-chain supplier but cautioned that global economic growth's heavy reliance on AI creates a fragile foundation.