Sirikanya" reveals "Moving Forward" does not plan to submit to the Constitutional Court to interpret the issue of the 500 billion baht loan act, regretting that the answer to the decree does not decide what can be done or cannot be done. Ask: When did the crisis occur? Ms. Sirikanya Tansakul, MP for the Kao Klai Party, as a special committee member considering the draft bill (Act) for the fiscal year 2024, spoke about the case where the government still moves forward. Push the draft of the 500 billion baht loan bill after the decree made comments back to the government that It is important that this is the turning point of the draft bill. Which will be discussed in the Budget Committee today (Jan. 10), Office of the National Economic and Social Development Council (NESDB), Budget Office. Ministry of Finance and the Bank of Thailand (BoT) also came to explain to the committee. 'Today we will know what the economic crisis should look like. It can be scientifically proven as stated by the Secretary-General of the Office of the Council of State. I think that if the various agencies still do not explain the same thing. In the end, the opportunity to draft a 500 billion baht loan bill will continue to dim. As for the definition of an economic crisis, what indicators should there be in order for it to be accepted? It should be based on international principles. According to the definition of economic crisis around the world, what indicators are used? And does Thailand meet those indicators or not? In order to come to a realistic and scientific conclusion about whether it is a real crisis or not, the various agencies involved In particular, the Digital Wallet Policy Committee should discuss and crystallize what indicators to use. In order to explain to the people that the country is in crisis. But I think it probably doesn't follow the normal international definition. For the case of Thailand We will have to see what methods the government has devised considering that we are currently in a crisis,' Ms. Sirikanya said. M s. Sirikanya said that she confirmed that the party has advanced far. There is no thought of submitting it to the Constitutional Court to interpret the draft Money Loan Act. Because the agency that is responsible for supervising compliance with financial and fiscal discipline will already be able to consider whether something should be done or not. Unfortunately, the decree does not directly interpret whether it can be done or not, whether it should be done or not. Instead, it simply states that if it is legal, it can be done. If it's not legal, you can't do it. I lost the opportunity that I had waited so hard for 1 month, but the answer was not definitive. When asked how she views the case where the government claims that the country is in a crisis but issues an Act instead of an Emergency Decree, Ms. Sirikanya said that in a way The law can be made through both the Act and the Royal Decree. But when considering that the problem is a crisis, it should be solved urgently. The government chose a path that was not urgent. This is an Act that has a time limit and still needs to be approved by Parliament. If it is a truly urgent crisis, it may not be timely. If there is a problem For example, if the Senate disagrees and returns it to the House of Representatives, the time frame for solving the problem may not be possible. I think there is a contradiction. But it must start from defining whether it is a crisis or not. Because the digital wallet policy was launched in April. 66 and we are still waiting for 1 year, so we don't know when this crisis started. As for the case where the Prime Minister invites the Governor of the Bank of Thailand (Bank of Thailand) to speak at Government House. Ms. Sirikanya said that the principle of central bank independence must be confirmed, which every country needs to follow. Because it doesn't just affect financial policy. but including credit rating which the results of the study indicate that If there is intervention from the executive branch to the central bank There is a chance t hat the credit rating will be reduced. Because it is expected that there will be an intervention to reduce interest rates. which is a debate that has occurred in many countries around the world Therefore, we must ask the Prime Minister to do this matter with caution. Because normally there is no interference between the executive branch and the central bank.- Source: Thai News Agency