Fitch expects bad loans to stay at 3% to 4% as clearing stalls, debt buyers retreat and banks pay dividends instead of lending to riskier borrowers

Over the past 8 months as Prime Minister, Srettha Thavisin has held differing views from the Bank of Thailand (BOT) on various issues. These differences include the digital wallet initiative and the perceived independence of the BOT, which the government sees as a hindrance in addressing economic issues.