IMF urges Thailand to give baht-up households a helping hand
18 Articles
18 Articles
IMF uglys Spain's "growing" gap between pension spending and contributions and asks for another labor reform
The International Monetary Fund (IMF) recommends that Spain adopt employment-friendly measures to bridge the growing gap between pension spending - the monthly payroll reached a new record in March after exceeding €13.429.5 million - and social security contributions. It is not the first time that the body headed by Kristalina Georgieva places the focus on the financial tensions facing social security, especially in the face of a context of grad…
IMF Urges Thailand to Strengthen Support for Families Facing Debt Crisis
Picture courtesy of Wikipedia The International Monetary Fund (IMF) has issued a stark warning to Thailand to enhance support for struggling families to prevent millions from remaining trapped in a debilitating cycle of debt. Released on April 9, the IMF's Country Focus report emphasizes that ove...
IMF urges Thailand to give baht-up households a helping hand
IMF urges Thailand to give baht-up households a helping handLegacyThe International Monetary Fund (IMF) has warned Thailand to boost protections for struggling families or risk keeping millions trapped in a cycle of crushing debt, much of it borrowed just to put food on the table. In a hard-hitting Country Focus report released on April 9, the global financial watchdog highlighted that more than half of Thai workers lack formal employment, leavi…
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