Thailand Recorder

Latest News From Thailand

Market

Pheu Thai announces economic recovery after election

Pheu Thai Party, May 12 - "Pheu Thai" announces economic recovery after the election Ready to eradicate poverty change the dream give hope

Dr. Phromin Lertsuridej Chairman of the Economic Committee, Mr. Kittirat Na Ranong Vice Chairman of the Economic Committee, Mr. Supawut Saicheua, Mr. Panpree Phahitthanukorn, Advisor to the Economic Committee, Mr. Paophum Rodjanasakul Member, Secretary and Spokesperson economic committee Participated in a press conference to revive the country's economy after the election by the Pheu Thai government.

Dr. Phrommin said that the economic committee of the Pheu Thai Party, consisting of Mr. Srettha Thavisin, Pheu Thai Party's prime ministerial candidate, We would like to announce our readiness to revitalize the Thai economy. for the benefit of all groups of people Pheu Thai Party's policy is edible democracy. the economy will be good People must have freedom both in commenting and opportunities to use government resources fairly In the past, we have exchanged ideas with both domestic and international private sectors. and have confidence in the party Pheu Thai, we are ready to solve problems. going through a crisis Bringing Thailand to Glory Again

“Confirmed that these policies are ready and practical, can be done immediately, revive the economy, and enable the economy to grow. restore the prestige of the Thai landscape on the world stage again most importantly Thai people will be taken care of. Get the most out of it first. We are ready in all aspects, including leaders, policies, and team members, so choose the Pheu Thai Party. to build wealth eradication of poverty change the dream give hope Choosing Pheu Thai Party for Land Slide Change the country immediately," said Dr. Prommin.

Mr Supawut said that the Pheu Thai Party's policy was based on offering opportunities for people to generate income. build wealth make the economy grow to increase state revenues There is enough money to take care of people not to fall. It is the basis that we have adhered to since the Thai Rak Thai Party. who came into government during the country's indebtedness to the IMF The internal economy lacks confidence and is difficult to recover. Provide small business loans OTOP project Create a product and find a market reduce farmers' debt burden ready to drive trade negotiations with other countries Until the Thai-Japan Economic Partnership Agreement (JTEPA) was formed and negotiating free trade with the United States. but was revolutionized first As a result of the implementation of these policies over a period of 6 years, the average Thai GDP grew by 5.4% compared to the Thai economy. Since the military took power in 2014-2019, Thailand's GDP grew by only 3% per year.

Mr. Supawut said that the Pheu Thai Party wanted the government to be not very large. is decentralized If a 40% taxation would give the government the economic power of 40% of GDP, but we want to decentralize. because we believe that people have the ability with the Pheu Thai government as the driving force behind it from the global economic situation that tends to recover slowly SMEs in the country began to have financial problems. is doubtful Or can't start paying interest 20% of SME loans NPL personal debt reached 20%, which is why we need to give a big boost to the economy from the end of this year to the beginning of next year.

In addition, we have received contacts from different countries. Interested in trade and economic negotiations, for example, investors from China, South Korea, and Japan with a budget of $ 5 billion for relocating production bases from China to other countries. or that Singapore raised the tax on foreigners buying a house in Singapore from 30% to 60%, causing him to start looking for other countries instead. We see that these are all opportunities for Thailand. Ask the Pheu Thai Party to become the government.-Thai News Agency

Source: Thai News Agency