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Thailand's IMF and World Bank Meetings Boost International Confidence, PM Anutin Says

Nation Thailand - Society

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Key summary

On October 16, 2026, in Bangkok, Prime Minister Anutin Charnvirakul stated that hosting the International Monetary Fund (IMF) and World Bank Annual Meetings has enhanced global confidence in Thailand and may accelerate economic growth. The event gathered representatives from 191 countries, according to the prime minister. Speaking at 5:15 pm at the Queen Sirikit National Convention Center, Anutin highlighted the gatherings as a showcase of Thailand's logistical preparedness, infrastructure, and economic stability despite geopolitical uncertainties. He noted that the proceedings proceeded without complaints or major issues, with participating nations expressing satisfaction and trust in Thailand's capabilities. For the Thai government, the next step is converting these strengths into income, improved welfare, and employment opportunities nationwide. Mathias Cormann, secretary-general of the Organisation for Economic Co-operation and Development (OECD), publicly voiced confidence that Thailand would gain membership, which Anutin called a vital springboard for the nation's international standing and a morale boost for all involved. Discussions also included senior officials from multiple countries, such as deputy prime ministers, foreign ministers, and the chair of the US Federal Reserve. Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas had initially described hosting the meetings as his greatest challenge on his first day in office under Anutin's cabinet, especially given the government's minority status at the time. Anutin emphasized that national interest secured cooperation from career civil servants, the private sector, officials, and the public, ensuring smooth execution. When asked about costs versus value, Anutin argued that benefits should not be judged solely by profit-and-loss metrics but recognized as a necessary undertaking with broader significance. He pointed to business matchmaking and memorandums of understanding signed during the event as means to strengthen economic credibility and lay a new foundation for growth. Regarding the concept of 'Thailand Plus', Anutin described his ambition for economic advancement using the term 'exponential'.

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Official source

Nation Thailand - Society

Read original ↗https://www.nationthailand.com/news/general/40072392

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