Bloomberg Business

Thailand’s $15 Billion Handout Plan Faces Growing Criticism

Thailand’s former central bank chiefs joined economic experts in urging the government to scrap its flagship $15 billion cash handout policy, warning that it risks stoking inflation and hurting long-term fiscal discipline.

Turkey Vows to Build Reserves as IMF Sees Slower Growth in 2024

Turkish Treasury and Finance Minister Mehmet Simsek vowed to build up currency reserves as the International Monetary Fund forecast slower growth and a narrower current-account deficit for 2024 as Turkey tightens its monetary policy.

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