Politics
Thailand Sees Inflows as Funds Exit Indonesia, Finance Head Says
Key Points
Thailand Sees Inflows as Funds Exit Indonesia, Finance Head Says Thailand is attracting capital inflows partly at the expense of Indonesia, as investors seek markets with stronger fiscal fundamentals and lower perceived risks, according to its finance chief. Investors have been drawn to Thailand’s fiscal discipline and policy continuity as concerns over fiscal and financial stability risks weigh on Indonesia, Finance Minister Ekniti Nitithanprapas told reporters late Thursday in Bangkok.
Thailand Sees Inflows as Funds Exit Indonesia, Finance Head Says
Thailand is attracting capital inflows partly at the expense of Indonesia, as investors seek markets with stronger fiscal fundamentals and lower perceived risks, according to its finance chief.
Investors have been drawn to Thailand’s fiscal discipline and policy continuity as concerns over fiscal and financial stability risks weigh on Indonesia, Finance Minister Ekniti Nitithanprapas told reporters late Thursday in Bangkok.