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Thailand Hosts IMF-World Bank, Showcases PromptPay

Thailand Hosts IMF-World Bank, Showcases PromptPay

Thansettakij•Economy•2d ago

Reader Briefing

Thailand is set to host the IMF-World Bank Annual Meetings, highlighting its economic leadership in ASEAN and showcasing the success of its PromptPay system.

  • •Thailand will host the IMF-World Bank Group Annual Meetings from October 12-18, expecting 15,000-20,000 international participants.
  • •The meetings will focus on "Empowering People" and "Building Resilience," with Thailand presenting its PromptPay system as a case study.
  • •October 16, 2026, is declared a special public holiday to facilitate the main plenary session at the Queen Sirikit National Convention Center.
  • •Thailand aims to showcase its economic leadership in ASEAN and engage with global credit rating agencies during the event.

Overview

  • •The IMF-World Bank Group Annual Meetings are scheduled to take place from October 12-18.
  • •The Cabinet has resolved to declare Friday, October 16, 2026, a special public holiday due to the Plenary session.
  • •Thailand is preparing to host the IMF-World Bank Group Annual Meetings, expecting 15,000-20,000 attendees.
  • •Thailand aims to demonstrate its potential as an economic leader in ASEAN during the meetings.
  • •The meetings will bring together finance ministers and central bank governors from 191 World Bank member countries and 189 IMF member countries.
  • •Thailand will present the success of the PromptPay system as a low-cost, accessible financial infrastructure case study.
  • •Thailand will also present policies encouraging small businesses to use trade data from the 'Thung Ngern' application for loan applications.
  • •The Minister of Finance will use the meeting as a platform to discuss Thailand's economic status with global credit rating agencies.

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Source: Thansettakij (Original)

Key Quotes

Mr. Winij Visetsuwanapoom
"This IMF and World Bank meeting is not just academic, but also a crucial platform for the Minister of Finance to meet and discuss with global credit rating agencies."
เวทีการประชุม IMF และ World Bank นี้ไม่ได้เป็นเพียงการประชุมทางวิชาการเท่านั้น แต่ยังเป็นพื้นที่สำคัญที่รัฐมนตรีว่าการกระทรวงการคลังจะใช้ในการพบปะและหารือกับสถาบันจัดอันดับความน่าเชื่อถือระดับโลก
Mr. Winij Visetsuwanapoom
"This is a crucial moment for Thailand as host to demonstrate readiness and determination in economic management and national stance."
ถือเป็นจังหวะสำคัญที่ไทยในฐานะเจ้าภาพจะได้แสดงให้เห็นถึงความพร้อมและความตั้งใจ ในการบริหารจัดการเศรษฐกิจและจุดยืนของประเทศ

Key Entities

Organization

International Monetary Fund(กองทุนการเงินระหว่างประเทศ)ℹ️
An international financial institution that Thailand will host meetings for.
World Bankℹ️
An international financial institution that Thailand will host meetings for.
Fiscal Policy Office(สำนักงานเศรษฐกิจการคลัง)
Government agency whose director provided information on the IMF-World Bank meeting preparations.
Cabinet(คณะรัฐมนตรี)
The governmental body that declared a special public holiday for the meetings.

Person

Mr. Winij Visetsuwanapoom(นายวินิจ วิเศษสุวรรณภูมิ)
Director of the Fiscal Policy Office, who provided details about Thailand's preparations.

Policy

PromptPay(พร้อมเพย์)
Thailand's successful low-cost digital payment system to be showcased at the meetings.
Thai Chuey Thai Plus(ไทยช่วยไทยพลัส)
A government policy related to small business loans and credit, mentioned in relation to the meeting's themes.
Thung Ngern Application(แอปพลิเคชันถุงเงิน)
An application whose sales data is proposed as proof for small businesses seeking loans.

Place

Queen Sirikit National Convention Center(ศูนย์การประชุมแห่งชาติสิริกิติ์)ℹ️
The venue for the IMF-World Bank Group Annual Meetings' plenary session.