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PM Prayut gives speech at Asia Society, says government tackles many issues during five years


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PM Prayut gives speech at Asia Society, says government tackles many issues during five years

 

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BANGKOK (NNT) - The Prime Minister and Defense Minister, Gen. Prayut Chan-o-cha, has delivered a speech at the Asia Society, saying the government has addressed many problems through different mechanisms over the past six years.

 

He said Thailand is a fully democratic country, following the general election, adding that internal conflicts are common in all countries and the government is solving them through legal means.

 

At the Asia Society in New York City, Gen. Prayut said the democratic system is the best form of government in the world and is widely accepted by the international community.

 

He said people should understand that, if Thailand receives cooperation, all problems can be solved and conflicts will be reduced. Speaking of the political situation, he said the issues will have to be handled according to legal procedures and the people must not be affected.

 

Throughout six years of administration, the government has listened to all problems and addressed them through different mechanisms, not only military approaches, he said.

 

The government has been working proactively and settled many issues. The international community has also recognized Thailand as a fully democratic country after the March 24 election.

 

While Gen. Prayut was delivering his speech, a protester held up a sign and shouted the Prime Minister’s name. Security officers escorted the protester out of the conference room. The Prime Minister greeted the protester briefly before continuing his speech.

 

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Thailand see's strongest growth in Asian Pacific.

As shown on the chart below, GDP has improved substantially  since Khun Prayuth Chan-O-Cha took control. 

Thailand’s gross domestic product (GDP) growth soared to five-year highs in 2018. The Thai economy continued to grow last quarter, surpassing predictions. The surge has led the statistics agency to reassess its growth predictions for the year. 

image.png.fb8a27ad46b43589b0df44b3bab5ed78.png

GPD.PNG.439e1e1e39901535bdbc37a669e412c1.PNG

 

and 2017,

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Official data showed that Thailand's economy started on a strong note this year, expanding at the fastest pace in four years during the first three months, which confirmed earlier PMI survey results of faster growth. 

The National Economic and Social Development Board announced that gross domestic product (GDP) rose from the prior three months during the first quarter. That took the annual GDP rate to 3.3%, which is the fastest since the second quarter of 2013. 

 

 

 

 

 

Edited by steven100
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53 minutes ago, Cadbury said:

He forgot to mention that Thailand has just recorded it's slowest growth since 2014, which co-incidentally, was the year of the coup d'état that he initiated and the beginning of the Khun Prayut Chan-o-cha economic administration. 

Take a bow Khun Prayut, a great achievement.

Junta boss.jpg

incorrect  ……

This is correct :

image.png.000ea4109aa43d2fe5968bae2565abec.png

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Facts don't lie ...

Thailand achieved its most robust economic growth in six years in 2018, posting a 4.1 percent increase for the year as consumers spent beyond expectations during the final quarter.

Thailand bucked the regional trend, with the Asian Development Bank reporting last week that Southeast Asia’s growth rate declined for the first time in three years in 2018. Some countries were hit by external and domestic headwinds that could continue to drag down the regional economy this year.

According to statistics released last week by Thailand’s National Economic and Social Development Council (NESDC), a better-than-forecast 3.7 percent rise in gross domestic product (GDP) during the final three months of 2018 pushed annual growth above 4 percent. Growth in the last quarter was half a percentage higher than in the third quarter.

Several banks and economists have forecast for growth this year in a range of 3.5 percent to 4.5 percent.

Asia Times reported that, “after nearly five years, Thailand’s economic fundamentals are strong across the board. In 2018, Thailand recorded a current account surplus of 7.4 percent of gross domestic product (GDP), equal to $37 billion, and piled up foreign reserves of $202 billion.”

 

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2 hours ago, webfact said:

Gen. Prayut said the democratic system is the best form of government in the world and is widely accepted by the international community.

so he says, as does his brother in the upper house, as does his best mate Prawit, as does his best mate's brother in the upper house ........

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On 9/27/2019 at 10:13 AM, Cadbury said:

 

So, according to the article "Gross domestic product rose 2.3% from a year ago".  That's pretty anaemic when compared with Vietnam where GDP is up 7.3% from a year earlier.  (Source:  the newspaper we're not allows to link to.)

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On 9/27/2019 at 6:01 AM, steven100 said:

Well done Khun Prayut Chan O Cha ….  he has worked hard to get Thailand back on the world stage following his predecessors demise. More has been done in the last 4 years than in the previous 10 years.

It is a credit to his government, him and the Thai people.

Us as farang should be happy and content with Thailand and for what it has to offer, we know it's not perfect but it's a hell of a lot better than a lot of the other Asian places.

Capture.khunprayut.PNG.403dce930637eebee216540ccf21d3e9.PNG

I think many will not understand the sarcasm of your post.

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2 hours ago, Oxx said:

 

So, according to the article "Gross domestic product rose 2.3% from a year ago".  That's pretty anaemic when compared with Vietnam where GDP is up 7.3% from a year earlier.  (Source:  the newspaper we're not allows to link to.)

Facts don't lie ...

Thailand achieved its most robust economic growth in six years in 2018, posting a 4.1 percent increase for the year as consumers spent beyond expectations during the final quarter.

Thailand bucked the regional trend, with the Asian Development Bank reporting last week that Southeast Asia’s growth rate declined for the first time in three years in 2018. Some countries were hit by external and domestic headwinds that could continue to drag down the regional economy this year.

According to statistics released last week by Thailand’s National Economic and Social Development Council (NESDC), a better-than-forecast 3.7 percent rise in gross domestic product (GDP) during the final three months of 2018 pushed annual growth above 4 percent. Growth in the last quarter was half a percentage higher than in the third quarter.

Several banks and economists have forecast for growth this year in a range of 3.5 percent to 4.5 percent.

Asia Times reported that, “after nearly five years, Thailand’s economic fundamentals are strong across the board. In 2018, Thailand recorded a current account surplus of 7.4 percent of gross domestic product (GDP), equal to $37 billion, and piled up foreign reserves of $202 billion.”

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26 minutes ago, steven100 said:

Facts don't lie ...

Thailand achieved its most robust economic growth in six years in 2018, posting a 4.1 percent increase for the year as consumers spent beyond expectations during the final quarter.

Thailand bucked the regional trend, with the Asian Development Bank reporting last week that Southeast Asia’s growth rate declined for the first time in three years in 2018. Some countries were hit by external and domestic headwinds that could continue to drag down the regional economy this year.

According to statistics released last week by Thailand’s National Economic and Social Development Council (NESDC), a better-than-forecast 3.7 percent rise in gross domestic product (GDP) during the final three months of 2018 pushed annual growth above 4 percent. Growth in the last quarter was half a percentage higher than in the third quarter.

Several banks and economists have forecast for growth this year in a range of 3.5 percent to 4.5 percent.

Asia Times reported that, “after nearly five years, Thailand’s economic fundamentals are strong across the board. In 2018, Thailand recorded a current account surplus of 7.4 percent of gross domestic product (GDP), equal to $37 billion, and piled up foreign reserves of $202 billion.”

Yes. Facts don't lie but those providing the information on which the "facts" are based on certainly do.

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