World Bank and IMF Urged to Adopt New Economic Paradigm
Thailand must build resilience to global economic storms - Finance Minister
Thai PM calls for more connectivity beyond regions at IMF-World Bank meetings
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Thai PM calls for more connectivity beyond regions at IMF-World Bank meetings
Today 11:28Key points summarised by AI
Thai Prime Minister Anutin Charnvirakul advocated for increased global connectivity at the IMF-World Bank meetings to expand trade and investment opportunities.
He underscored the evolving challenges of AI, geopolitical shifts, and climate change, stressing the importance of international collaboration to address them.
Anutin urged international partners to translate dialogue into concrete cooperation and financial resources to create improved economic opportunities for all, emphasizing trusted connections and open trade.
Thailand must build resilience to global economic storms - Finance Minister
Yesterday 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.