Thailand hosts regional finance talks on AI, economic risks and IMF reforms

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Finance Minister Ekniti Nitithanprapas chairs the 57th Southeast Asia Voting Group meeting in Bangkok, where officials discuss global economic challenges, AI’s impact on jobs and closer ASEAN cooperation.

BANGKOK, Thailand – Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas chaired the 57th Joint Meeting of the Southeast Asia Voting Group (SEAVG) Governors, where regional officials discussed the global economic outlook, financial challenges, and ongoing reforms at the International Monetary Fund (IMF) and World Bank Group.

Bank of Thailand Deputy Governor for Monetary Stability Piti Disyatat, who also serves as alternate governor of the IMF, joined discussions on economic and financial developments affecting the region. Participants reviewed progress in IMF and World Bank Group operations and reforms, including their implications for regional economies.


The meeting, held on October 15, also featured an executive dialogue led by senior officials from the IMF’s Asia and Pacific Department on the impact of artificial intelligence on Asian labor markets. Discussions covered changing employment patterns, future workforce skills, and how countries are preparing for technological developments.

Ekniti also held bilateral talks with Indonesian Finance Minister Suahasil Nazara on expanding economic cooperation between the two countries. Their discussions involved trade and investment, competitiveness, and opportunities for shared economic growth, as well as closer economic connectivity and resilience across ASEAN. (NNT)