What is the monetary unit of Thailand?
Thailand and the International Monetary Fund a relief package for Thailand that would offer a total of 17.2 billion US dollar's worth of bilateral and multilateral assistance. The initial period of policy-making was designed to manage the baht's floating exchange rates, restructure Thai financial institutions, cut public expenditures, promote the private sector, and to attract more foreign capital. The IMF's conditionality for the Thai bailout is characterized by monetary policy reform, fiscal policy reform, and financial sector reform. Under Thailand's former finance minister, Tarrin Nimmanahaeminda, Thailand's financial sector restructuring began with the liquidation of insolvent finance companies and resulted in the closure of 56 bankrupt finance
Thailand and the International Monetary Fund provide support for Laos and Myanmar, and now also covers Cambodia and Vietnam on a project-by-project basis. Thailand and Japan donate to the upkeep of this office, and the Bank of Thailand hosts the office. The office offers resident project technical advisers in macroeconomic management, public financial management, regional treasury management, monetary and foreign exchange operations, government finance statistics, and external sector statistics. This office works closely with the IMF-Singapore Regional Training Institute (STI) and the Regional Office for Asia and the Pacific in Tokyo (OAP). Thailand and the International Monetary Fund Thailand joined the IMF on May 3, 1949