Thai government and BoT agree to keep inflation target intact

Central bank and government reach price goal consensus despite a year of tensions

Sethaput Suthiwartnarueput
Sethaput Suthiwartnarueput, Bank of Thailand

Thailand’s government has agreed with the central bank to keep the current 1–3% inflation target for 2025, on the condition that the Bank of Thailand (BoT) will support its fiscal policies and help stimulate growth.

Finance minister Pichai Chunhavajira announced the decision after a meeting with Bank of Thailand governor Sethaput Suthiwartnarueput today (October 30).

The outcome is seen as a compromise between the central bank and the government, which have been at loggerheads over monetary and

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