Thai advisory council says candidate for central bank chair ineligible due to recent political role

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BANGKOK : Thailand's state advisory council said the government-backed candidate for chair of the board of the central bank is ineligible because of a recent political role he held, although its recommendation is not binding on the government.

"Therefore, he is ineligible to hold the position of chairman of the board of the Bank of Thailand," it added.

He also clashed frequently with the central bank when he was finance minister between 2012 and 2014.

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Article Details

Category: EconomyBusiness

Markets: SingaporeThailand

Topics: Reuters Central Finance Bank Council Political Board Thailand Kittiratt Ineligible Minister

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 14:26:27 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24687113

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