Thai farmers and fishermen challenge IMF and World Bank at Bangkok rally


Ajay Banga, president of the World Bank (left), and Olaf Scholz, Germany's former chancellor, during a news conference on the sidelines of the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok, Thailand, on Friday, Oct. 16, 2026. The world’s financial elite wrapped up a week of meetings in Bangkok on Friday filled with warnings of an unbalanced AI boom, a prolonged energy shock and record debt piles. -- Photographer: Sirachai Arunrugstichai/Bloomberg

BANGKOK (AFP): Thai farmers, fishermen and workers marched through Bangkok Friday as global finance and business leaders gathered for IMF and World Bank meetings, demanding a say in policies shaping their livelihoods.

Hundreds of protesters, many wearing straw hats and colourful scarves, had hoped to reach the main conference centre but were stopped by a line of police more than a kilometre away, the road blocked by shipping containers.

Some carried fishing nets and hoisted banners reading "World Bank, stop destroying the poor", a reference to criticisms that the global lenders extract too high a price from countries which borrow money.

Some protested specific projects, notably the World Bank-backed Pak Mun dam, a hydropower project completed in 1994 that fishing communities say damaged their livelihoods.

"There are no more fish. They can't swim upstream," said fisherman Putta Muansaen, 67, who travelled overnight from northeastern Ubon Ratchathani province.

"The water has changed, the river has changed, and the ecosystem has changed," he told AFP.

Somporn Yamyong, 62, travelled from rice-rich central Suphan Buri province to draw attention to years of debt and meagre earnings.

The rice farmer said she wanted Thai leaders and the IMF and World Bank to hear about the "hardships facing farmers" like her.

Thailand received an IMF loan three decades ago but paid this off in 2003. It has some projects with the World Bank.

Coconut farmer Sombat Chuekrod, 51, from Prachuap Khiri Khan province, south-west of Bangkok, added: "Thai people are already poor. Please don't make us any poorer."

There were some non-Thai protesters in the crowd, including Harry May, a 59-year-old South African activist and researcher, who said global lenders were "bankrupting our countries, especially developing countries".

"We shouldn't be indebted to the same people who say they're going to relieve debt and provide development and then just create more debt for those countries," he said.

On Thursday, there were brief scuffles when police blocked protesters as they tried to hang a banner from a footbridge in the Thai capital, but there was no sign of trouble on Friday morning. -- Reuters

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Vietnam Airlines seeks 25 Airbus jets to revive its low-cost carrier
Philippine President Marcos is expected to summon the Chinese envoy for a veiled ‘threat’
Asean News Headlines at 10pm on Friday (Oct 16, 2026)
US Treasury says it is working with Cambodian government to dismantle criminal networks
Seoul mountain trail behind the presidential Blue House reopens after being closed for nearly 60 years
G7 to launch exercises to guard against AI cyber attacks
Top Laos officials to address workplace gender discrimination, violence in special meeting
China is working on a submarine tank that can operate underwater for two hours
Zi Yu-Genevie storm into final as elusive world junior crown beckons
Brunei issues over US$14,000 fines for health product offences

Others Also Read