‘Thai people already poor’: developing nations protest IMF’s austerity call

Hundreds of people, including coconut farmer Sombat Chuekrod, gathered in Bangkok to protest the International Monetary Fund (IMF) and World Bank. The demonstration occurred during the IMF-World Bank Annual Meetings, where finance ministers and central bank governors convened in the Thai capital. Protesters are demanding changes in how these international financial institutions interact with developing nations. The meetings are taking place as policymakers address an inflation crisis exacerbated by the Iran war and other economic shocks. The protesters' message highlights concerns about the economic well-being of people in developing countries.