Prime Minister Establishes Economic Policy Board to Address Middle East Impact

Bangkok: The Prime Minister has established an economic policy board to drive government policies and foster collaboration between the public and private sectors, aiming to accelerate the implementation of government policies in response to challenges arising from the Middle East. According to Thai News Agency, Ms. Rachada Thanadirek, spokesperson for the Prime Minister's Office, revealed an order regarding the appointment of the Economic Policy Committee. This committee is tasked with driving the government's key economic policies, as presented to Parliament, to ensure their continuous and effective implementation, and their adaptation to the rapidly changing economic situation. The committee plays a crucial role in reviewing and scrutinizing overall economic policies across various sectors. These include finance, fiscal policy, taxation, trade, investment, agriculture, transportation and logistics, tourism, energy, digital technology, and industry. It is also responsible for determining proactive measures to address the impacts of conflicts in the Middle East. The Prime Minister chairs the committee, with the Deputy Prime Ministers and Ministers of Transport, Finance, Foreign Affairs, and Commerce serving as vice-chairmen, alongside Mr. Pakorn Nilapraphan. The committee is composed of key figures from various ministries and sectors, including the Minister of Tourism and Sports, the Minister of Agriculture and Cooperatives, and others. The committee includes the Secretary-General of the Cabinet and the Secretary-General of the National Economic and Social Development Council as members and secretaries. Additionally, the Director of the Fiscal Policy Office and the Deputy Secretary-General of the National Economic and Social Development Council serve as members and assistant secretaries.