Thai central bank chief fights to balance growth, consumer debt

Bank of Thailand governor's term set to end as 'Thaksinomics' returns

20240828 sethaput

Sethaput Suthiwartnarueput's term as head of Thailand's central bank will end in September 2025 when he reaches the mandatory retirement age of 60. © Reuters

FRANCESCA REGALADO, Nikkei staff writer

BANGKOK -- The head of Thailand's central bank said it will take time to bring the country's persistent household debt down to a sustainable level as structural reforms are put in place to boost economic growth, an effort that will extend beyond the end of his tenure in a year's time.

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