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The World Bank forecasts a more accommodative monetary stance for Thailand in 2024, citing rising external and domestic uncertainties. The country’s ongoing political crisis, including the suspension of Prime Minister Paetongtarn Shinawatra, adds to economic pressures.
- Thailand's monetary policy is expected to ease in response to economic and political instability.
- The suspension of Prime Minister Paetongtarn Shinawatra adds to domestic uncertainty.
- The World Bank highlights external risks as a key factor influencing Thailand's economic outlook.
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