Prime Minister reveals strong Thai financial status Emphasize that I will do my best to maintain my duty. not involved in setting up a new government Ask to take into account the confidence of foreign countries. If damage is considered to be out of position.
Gen. Prayut Chan-o-cha, Prime Minister and Minister of Defense, revealed that the Cabinet meeting (Cabinet) today (May 30) acknowledged the report on the economic situation in the country. In the first quarter of 2023, employment rose 2.4 percent, hours per week improved. The unemployment rate was 1.05 percent and household debt slowed down. From the previous situation, debt serviceability remained stable. While the administration of 43 state-owned enterprises at the end of April 2023 was 94,834 million baht, representing a disbursement rate of 109 percent of the disbursement. representing 35 percent of the entire constitutional framework for the year
“In detail, there is a disbursement. 34 investment budgets are used, the first 7 months are worth 62,997 million baht, representing a disbursement rate of 107 percent of the disbursement plan. and representing a disbursement rate of 51% of the annual investment framework. As for the disbursement of investment of 9 state enterprises, 31,838 million baht, representing a disbursement rate of 113 percent of the disbursement plan. Representing a disbursement rate of 21% of the annual investment budget. This has always been the government’s management plan. both about investment budget and foreign affairs which coordinate investment in accordance with the framework of the national strategy with many countries but has not yet come to a conclusion, ”said the Prime Minister.
As for the case of analyzing situations of political and fiscal instability after the election And there are factors that hinder Thailand’s credibility in the short term. There has been a delay in the preparation of the budget, the Prime Minister said the matter was being watched. But Thailand’s credibility is also supported by a strong foreign financial situation. along with an effective macroeconomic policy framework The recovery of private consumption and the return of foreign tourists These factors are good things that happen in Thailand today. Therefore, please continue to watch. ‘Cause everything is getting better and all good
“As for the baht, there was a slight depreciation. Representing a rate of 0.57 percent at 34.66 baht, but the stock rose to 1,530 points, which was considered normal. because during this time the government is in transition but confirms that this government has done well therefore commendation on the part of the Ministry of Finance Bank of Thailand that has managed various tasks with order making everything financially strong while abroad found that there were many problems Whether it’s the United States, South Korea, in the Asian zone, there are still problems. As a result, the prices of many agricultural products increased and there were some decreases. considered normal according to the world situation, ”said the Prime Minister.
As for how it will help build confidence in the formation of the government, the Prime Minister said he was not involved in this matter. I have told many times that I will do my duty as the best acting Prime Minister. As for political matters, let’s talk about it. As for the confidence of investors during the time when the new government was not formed. When one will be a new government, one must consider and pay attention to this matter. If damage occurs, it is considered that his duty has been vacated. Because he has already done it.
Source: Thai News Agency