Thai PM Calls for Greater Policy Coordination After Growth Miss

Thailand’s Prime Minister Paetongtarn Shinawatra called for “closer” cooperation between fiscal and monetary policymakers to shore up growth, a day after data showed Southeast Asia’s second-largest economy missed growth target last year.

The Bank of Thailand and the Finance Ministry should work as a team to support efforts to lift growth rate to 3.5% this year, Paetongtarn told reporters after a cabinet meeting held in southern Songkhla province on Tuesday.