Thai Opposition Slams PM for Public Feud With BOT on Rate Cut
- Move Forward Party says spat hurts nation’s image, investors
- Clash poses risks to Thailand’s credit rating, Sirikanya says
Srettha Thavisin
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
The public sparring between Thailand’s Prime Minister Srettha Thavisin and central bank chief on monetary policy risks undermining the institution’s independence and poses a threat to credit ratings, according to the nation’s main opposition party.
Srettha, who’s been urging the Bank of Thailand to urgently cut rates from a decade-high, should sit down with Governor Sethaput Suthiwartnarueput to devise a coordinated fiscal and monetary policy response to revive the economy, said Sirikanya Tansakun, deputy leader of Move Forward Party. The two should stop talking to each other through the media, she said.