NESDB Secretary confirms the Prime Minister is not under pressure to come out and talk about reducing interest rates.

House, NESDB Secretary confirms the Prime Minister is not under pressure to come out and talk about reducing interest rates. Just propose financial measures. Refusal to answer the urgent discussion meeting, throwing it to the MPC for consideration. Mr. Danucha Pitchayanan, Secretary-General of the National Economic and Social Development Council Mentioning the case where NESDB Calling on the Bank of Thailand (BoT) to reduce policy interest rates, saying that the economic numbers came out somewhat lower than expected. and the number of debts that are overdue between 1 - 3 months (SML) and bad debts (NPL), so I think I need to talk to the BoT. Mr. Danucha said that the previous discussion with the Governor of the BoT was a discussion. But not seriously Because I still don't have the numbers in hand. Economic figures have not yet been released. So we haven't talked seriously yet. At that time I told him that I should just consider it. When asked if there would be an official conversation with the BoT Governo r, Mr. Danucha said that in fact, we talk all the time. There will be a discussion about what it will be like. You must also understand the BoT. The BoT governor also has a Monetary Policy Committee (MPC), which also has many members. Must rely on discussion within the MPC. It must be with the MPC. As for whether the MPC must call a special meeting or not, Mr. Danucha said he has no opinion on this matter. It is up to the MPC to consider. When asked again whether the NESDB has confirmed whether or not it will provide MPC reduces policy interest rates. Mr. Danucha said that he really wanted to consider financial measures. Which is not only this one story, but there are other stories as well. It is worth considering what to do. Because the issue of household debt is important, Mr. Danucha also said that he was not pressured by the Prime Minister to speak out about reducing interest rates. He saw the numbers and thought You should try to consider financial measures only. Source: Thai News Agency