Thai ex-executive Pichai named finance minister, faces growth challenge

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Thailand Noticias

Srettha Thavisin

BANGKOK: Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday (Apr 28), facing a tough task to revive Southeast Asia's second-largest economy. Pichai, 75, an adviser to

BANGKOK: Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday , facing a tough task to revive Southeast Asia's second-largest economy., takes over from Srettha as finance minister and becomes deputy prime minister, the official Royal Gazette said, announcing his appointment by the king.

Lagging its regional peers, the Thai economy faces high household debt and borrowing costs, as well as China's slowdown. The government, rejecting that criticism, is forging ahead with the scheme, although the central bank recommends it be targeted only towards vulnerable groups. He has been at loggerheads with the Bank of Thailand over the direction of monetary policy, repeatedly asking it to cut rates to help an economy he describes as at a"critical" stage.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 6. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Thai king taps former energy executive Pichai as finance ministerBANGKOK - Thailand’s king has approved former corporate energy executive and bourse chair Pichai Chunhavajira as finance minister, taking over the role from Prime Minister Srettha Thavisin, the official Royal Gazette said on April 28.
Fuente: The Straits Times - 🏆 8. / 63 Leer más »