Thai PM Anutin urges banks to boost liquidity amid economic recovery efforts

Thailand's Prime Minister Anutin Charnvirakul has called on the banking sector to increase liquidity and address critical economic challenges, including household and SME debt, to support the country's economic recovery. The government is implementing the "Quick Big Win" plan aimed at delivering swift economic improvements while ensuring long-term sustainability. Concerns over the baht's rapid appreciation, which has reached a four-year high, have prompted the formation of a special task force led by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas to stabilize the currency and protect key sectors such as tourism and exports. The administration emphasizes the need for banks to ease debt resolution processes and expand credit flows to maintain production capacity and competitiveness. Additionally, the government advocates for diversifying export markets beyond its largest trading partners and enhancing the global recognition of Thailand-branded goods. These coordinated efforts reflect a commitment to structural economic reforms to restore investor and consumer confidence amid global and regional challenges.