Govt eyes sustainable economic stimulus measures

By The Nation

 

Supattanapong Punmeechaow

 

The government is planning to launch stimulus measures especially for people and businesses who are in trouble due to the Covid-19 outbreak.

 

“The measures will aim to make the economy more sustainable in line with the prime minister’s policy. The budget allocated will remain the same, but will be disbursed in a better manner,” Deputy Prime Minister Supattanapong Punmeechaow, who is also energy minister, said.

 

Finance Minister Predee Daochai said his ministry’s role will be to support government measures within the framework of financial discipline. The economy is facing problems because investments have all but disappeared and exports have contracted due to slowdown in other economies.

 

“The Thai economy is affected more than others because the economic structure is different. We rely on exports and tourism, and recovery will not be seen until there is an end to Covid-19,” he said.

 

Predee admitted that the government measures to stimulate the economy will be limited financially, though the administration’s finances are still strong.

 

Source: https://www.nationthailand.com/business/30393087

 

-- © Copyright The Nation Thailand 2020-08-18

 

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25 minutes ago, webfact said:

 

“The Thai economy is affected more than others because the economic structure is different

Where have I heard that before .. 

 

27 minutes ago, webfact said:

 

“The measures will aim to make the economy more sustainable in line with the prime minister’s policy. The budget allocated will remain the same, but will be disbursed in a better manner

Do spread the jam on the toast abit thinner then .. and don't drop it as it always lands jam side down .. 

....????

4 hours ago, webfact said:

“The Thai economy is affected more than others because the economic structure is different. We rely on exports and tourism, and recovery will not be seen until there is an end to Covid-19,” he said.

no no. not same. you don't understand.

 

6 hours ago, webfact said:

“The measures will aim to make the economy more sustainable in line with the prime minister’s policy. The budget allocated will remain the same, but will be disbursed in a better manner,” Deputy Prime Minister Supattanapong Punmeechaow, who is also energy minister, said.

 

Classic definition of the Thai "Same same, but different".

7 hours ago, webfact said:

Govt eyes sustainable economic stimulus measures

The best sustainable stimulus package is get the economy straight... not hand-outs !

If people have got money in their pocket it will get shared around.

So, absolutely zero information ????

8 hours ago, Justgrazing said:

8 hours ago, webfact said:

 

“The Thai economy is affected more than others because the economic structure is different

Where have I heard that before .. 

 

8 hours ago, webfact said:

 

“The measures will aim to make the economy more sustainable in line with the prime minister’s policy. The budget allocated will remain the same, but will be disbursed in a better manner

Do spread the jam on the toast abit thinner then .. and don't drop it as it always lands jam side down .. 

Or put the jam on both sides. Then it can be claimed to always land jam side up when looking at it initially.

I came up with the idea after years of reading TAT articles.

 

 

How about taking a step back from China? Try competing in the global market, before it’s too late.