Bangkok:Dr. Ekniti Nitithanpraphas, Deputy Prime Minister and Minister of Finance, alongside Mr. Vithai Ratanaakorn, Governor of the Bank of Thailand, welcomed international participants to the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, held at the Queen Sirikit National Convention Center from October 12-18, 2026.
According to Thai News Agency, this event marks the second time Thailand has hosted the meeting, the first being in 1991. Thailand is one of only three countries to host the meeting twice, highlighting its significant role in global economic and financial cooperation. The event brought together financial leaders, policymakers, and representatives from 191 countries.
During the meetings, Dr. Ekniti participated in the World Bank Flagship Forum discussing 'Small AI More and Better Jobs,' which focused on integrating artificial intelligence (AI) into various professions to enhance productivity and create new job opportunities. Initiatives such as the "Whispering Bird" AI on the "Money Bag" application aim to assist small business owners, while the Skill Bridge program develops skilled personnel for modern industries.
The IMF also launched a book titled "Shaping the Future of Asia Opportunities and Challenges," which addresses the Asia-Pacific region's role in the global economy, focusing on demographic shifts and technological advancements. Strategies for growth through structural reforms and workforce development were discussed.
An exhibition titled "Invaluable Royal Aspirations Empowering the People" was inaugurated, featuring zones that highlight Thailand's economic and cultural potential. These included digital infrastructure, climate resilience, and longevity, showcasing Thailand's capabilities in health and wellness industries.
In bilateral meetings, Dr. Ekniti discussed expanding cooperation with Dr. Muhammad Sulaiman Al-Jasser, Chairman of the Islamic Development Bank, focusing on transition finance, SME infrastructure, and Islamic finance. The discussions aimed to enhance the capabilities of the Islamic Bank of Thailand and explore the issuance of Sukuk instruments.