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Subject of emergency alert message arrested - May 2, 2024 | SaltWire #dartmouth #update #suspectBANGKOK - The politician daughter of Thailand's influential former premier Thaksin Shinawatra on Friday said the central bank's independence was an"obstacle" in resolving economic problems, the latest salvo in an ongoing row over interest rates.
Srettha maintains an interest rate at a decade high of 2.50% was hurting small businesses and hamstringing government efforts to jumpstart an economy he says is in crisis. Srettha insists he respects the BOT's independence. Comments from Paetongtarn carry weight in Thailand, with her father Thaksin the billionaire figurehead of a party that has long dominated politics, winning all but one election in the past two decades.
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