Popular Post webfact Posted March 7, 2021 Popular Post Share Posted March 7, 2021 PM: Thailand not broke from COVID-19 measures Paphamon Arayasukawat BANGKOK (NNT) - The start of the COVID-19 vaccine rollout in Thailand has sparked optimism of an economic recovery. The Prime Minister said today that the government has continued to put measures in place to help affected people, while reassuring the general public the country’s financial stability remains good. Prime Minister and Minister of Defence Gen Prayut Chan-o-cha reassured the general public in a specific PM Podcast on Thailand’s financial stability, citing the latest evaluation from the Big Thee credit rating agencies S&P, Moody’s, and Fitch. According to the Prime Minister the three companies still retain Thailand’s confidence rating due to high international reserves, and good fiscal discipline and stability. By the end of 2020, Thailand’s treasury balance was recorded at 473 billion baht, which is 49.5% higher than the previous fiscal year. The national economy is expected to grow better following the start ofthe COVID-19 vaccine rollout, and economic measures introduced by the government. On the vaccination campaign, the Prime Minister said the first 200,000 doses of COVID-19 vaccine from China’s Sinovac Biotech have already been distributed to 13 first priority provinces. Around 3,000 medical workers are among the first to receive this vaccine, with people who have already had their first jab reporting mild reactions. The Prime Minister said the country has already pre-purchased 26 million doses of AstraZeneca’s vaccine, with plans to purchase 35 million more COVID-19 vaccines, in order to vaccinate half the country’s population by the end of this year. On the request from private firms to import COVID-19 vaccines, the Prime Minister said the government and the Ministry of Public Health will allow these imports, given that the vaccines have been approved for emergency usage by the Food and Drugs Administration. So far, four importers have filed for approval of their vaccine with the FDA, namely AstraZeneca, the Government Pharmaceutical Organization, Janssen-Cilag, and Biogenetech. The Prime Minister said more doses of Sinovac’s vaccine are arriving soon in the second and third deliveries, and will be distributed among more groups of people, especially in tourist areas, while stressing there is no preferential treatment for VIPs in the vaccination campaign. -- © Copyright NNT 2021-03-08 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates 1 1 2 Link to comment Share on other sites More sharing options...
Popular Post ukrules Posted March 7, 2021 Popular Post Share Posted March 7, 2021 8 minutes ago, webfact said: The Prime Minister said the country has already pre-purchased 26 million doses of AstraZeneca’s vaccine, with plans to purchase 35 million more COVID-19 vaccines, in order to vaccinate half the country’s population by the end of this year. That sounds great, a long term plan is in place and we should expect things to return to normal within the next 2 to 3 years. 4 1 10 Link to comment Share on other sites More sharing options...
Popular Post Thaiwrath Posted March 7, 2021 Popular Post Share Posted March 7, 2021 PM: Thailand not broke from COVID-19 measures A lot of the inhabitants of Thailand are broke from Covid-19 measures, but, surprisingly, the politicians running the country are most certainly not affected. 28 5 3 Link to comment Share on other sites More sharing options...
Popular Post MaxYakov Posted March 7, 2021 Popular Post Share Posted March 7, 2021 (edited) "The Finance Ministry's Fiscal Policy Office (FPO) produces a series of reports on the Thai economy. In its October 2020 Fiscal Policy Report, the FPO reported that the Thai economy in the year 2020 is expected to grow at -7.7 percent.Jan 15, 2564 BE" (straight Google search on "thailand gdp growth 2020" If that GDP growth stated above is a minus 7.7 percent and the treasury balance went up by 49.5% is there something wrong with this picture or is it just me? Perhaps they should schedule a pandemic to occur every year to help Thailand display even more stability to fiscal firms that really count - the Big Three credit rating agencies (pun not intended). Edited March 7, 2021 by MaxYakov 13 Link to comment Share on other sites More sharing options...
Popular Post bluesofa Posted March 7, 2021 Popular Post Share Posted March 7, 2021 2 hours ago, webfact said: The Prime Minister said today that the government has continued to put measures in place to help affected people, while reassuring the general public the country’s financial stability remains good. 'The Prime Minister' and 'reassuring the general public' must surely be an oxymoron. 6 4 Link to comment Share on other sites More sharing options...
Popular Post sammieuk1 Posted March 7, 2021 Popular Post Share Posted March 7, 2021 Ahh! those fabled foreign currency reserves have popped up again and still in reserve if a crisis should ever come along other than the current cataclysmic financial disaster he presides and pontificates over ???? 10 1 2 Link to comment Share on other sites More sharing options...
ozz1 Posted March 7, 2021 Share Posted March 7, 2021 tell him he's dreamin 2 Link to comment Share on other sites More sharing options...
Popular Post colinneil Posted March 7, 2021 Popular Post Share Posted March 7, 2021 3 hours ago, webfact said: Prime Minister and Minister of Defence Gen Prayut Chan-o-cha reassured the general public. What a joke, assured the general public, about what? About him and his cronies are doing everything they possibly can to make sure they are ok, stuff the rest of the country. 25 Link to comment Share on other sites More sharing options...
mike1967 Posted March 7, 2021 Share Posted March 7, 2021 The man doth protest too much, methinks. 2 Link to comment Share on other sites More sharing options...
Popular Post ThailandRyan Posted March 7, 2021 Popular Post Share Posted March 7, 2021 My fellow countrymen I and my cabinet assure you we are not broke. Unemployment has not occurred and our coffers are filling uo fast because we have made excellent plans. The baht is strong and tourism is filling the nation with people visiting and enjoying your hospitality. My pocketbook and my partners watch collection thank you. Without you we could not have accomplished becoming so prosperous. Sums it up for me. Great speech. 24 1 Link to comment Share on other sites More sharing options...
Popular Post Rocking Robert Posted March 7, 2021 Popular Post Share Posted March 7, 2021 If he’s doing so damn good why can’t he help his people out there Starving 12 Link to comment Share on other sites More sharing options...
Popular Post gunderhill Posted March 7, 2021 Popular Post Share Posted March 7, 2021 I have no idea if Thailand is broke but since Iv'e been here 2005 I see endless large road construction/ Train construction projects. 5 Link to comment Share on other sites More sharing options...
irishman25 Posted March 8, 2021 Share Posted March 8, 2021 3 hours ago, ukrules said: That sounds great, a long term plan is in place and we should expect things to return to normal within the next 2 to 3 years. much sooner if they do it, right this time next year Thailand will be back up to 80% and they should malefactor the vaccine so as to have supply's just sign contract with company's 1 1 Link to comment Share on other sites More sharing options...
Dialemco Posted March 8, 2021 Share Posted March 8, 2021 The tourism crisis is likely to continue until vaccine rolled out which according this report will not be before 2022 earliest 1 1 Link to comment Share on other sites More sharing options...
Popular Post PatOngo Posted March 8, 2021 Popular Post Share Posted March 8, 2021 I'm sure the trough dwellers are unaffected! Where ARE those submarines................. for the people? 4 1 Link to comment Share on other sites More sharing options...
Popular Post madmitch Posted March 8, 2021 Popular Post Share Posted March 8, 2021 If the balance is at the level suggested then it really does go to show how little the Government cares for its population, many of whom have had minimal or no income for nearly 12 months. And Prayut seems proud ot this! What a **** 3 Link to comment Share on other sites More sharing options...
PatOngo Posted March 8, 2021 Share Posted March 8, 2021 3 hours ago, webfact said: On the vaccination campaign, the Prime Minister said the first 200,000 doses of COVID-19 vaccine from China’s Sinovac Biotech have already been distributed to 13 first priority provinces. Around 3,000 medical workers are among the first to receive this vaccine, with people who have already had their first jab reporting mild reactions. I notice the PM is holding out for the AZ vaccine and won't subject himself to the Chinese Sinovac Bootleg vaccine that has shown side effects on 3.2% of recipients! 2 Link to comment Share on other sites More sharing options...
smedly Posted March 8, 2021 Share Posted March 8, 2021 Time to start converting some of those massive foreign reserves you claim to have into BAHT - the result will be dilution and the baht will tumble I predicted this over a year ago and I am still 100% confident it will happen, why am I so confident ? not hard to figure out 2 Link to comment Share on other sites More sharing options...
Popular Post ThailandRyan Posted March 8, 2021 Popular Post Share Posted March 8, 2021 35 minutes ago, gunderhill said: I have no idea if Thailand is broke but since Iv'e been here 2005 I see endless large road construction/ Train construction projects. Ahhh, you have observed the true cash cows of brown envelope and pocket stuffing projects that will go on in perpetuity, sort of like the Italian Mafias attachment to many contracts in the US, such as construction, garbage hauling, unloading/loading at the ports/docks, and of course for those politicians needing to obtain votes. 2 1 Link to comment Share on other sites More sharing options...
Popular Post Jimbo53 Posted March 8, 2021 Popular Post Share Posted March 8, 2021 3 hours ago, Thaiwrath said: PM: Thailand not broke from COVID-19 measures A lot of the inhabitants of Thailand are broke from Covid-19 measures, but, surprisingly, the politicians running the country are most certainly not affected. The Thai Government have done very little to help the population compared to other countries that have spent billions of $$$$$$ helping theirs! 9 Link to comment Share on other sites More sharing options...
ThailandRyan Posted March 8, 2021 Share Posted March 8, 2021 24 minutes ago, madmitch said: And Prayut seems proud ot this! What a **** You can say it he is such a Wonderfull and caring man having returned true happiness to the people. Hows that...???? 1 Link to comment Share on other sites More sharing options...
brucegoniners Posted March 8, 2021 Share Posted March 8, 2021 The country may be financially stable, but the people aren't. They've been crushed by the stop to the tourism trade. With that said, I agree with everything the government has done to keep all of us safe. Let's just hope they don't buckle to pressure and let people in too soon without quarantine. We need to require vaccine passports of travelers and expats who travel back and forth. Once I get my shots I expect to be able to travel freely to and from the country. That's necessary! The same should go for travelers. Link to comment Share on other sites More sharing options...
brucegoniners Posted March 8, 2021 Share Posted March 8, 2021 Oh and they need to seal up the borders. BUILD A WALL (and get Myanmar to pay for it, lol)... Link to comment Share on other sites More sharing options...
mrfill Posted March 8, 2021 Share Posted March 8, 2021 About as broke as Elon Musk I imagine Link to comment Share on other sites More sharing options...
Sticky Rice Balls Posted March 8, 2021 Share Posted March 8, 2021 2 hours ago, bluesofa said: 'The Prime Minister' and 'reassuring the general public' must surely be an oxymoron. Im so broke I cant afford to be poor! ???? Link to comment Share on other sites More sharing options...
PaDavid Posted March 8, 2021 Share Posted March 8, 2021 51 minutes ago, Dialemco said: The tourism crisis is likely to continue until vaccine rolled out which according this report will not be before 2022 earliest The tourism industry will pick up from people in other countries being vaccinated Link to comment Share on other sites More sharing options...
ThailandRyan Posted March 8, 2021 Share Posted March 8, 2021 3 minutes ago, Sticky Rice Balls said: Im so broke I cant afford to be poor! ???? My bank accounts broke, it wont take any more money, how can I fill it fuller....said the good PM. 1 Link to comment Share on other sites More sharing options...
hotchilli Posted March 8, 2021 Share Posted March 8, 2021 4 hours ago, ukrules said: That sounds great, a long term plan is in place and we should expect things to return to normal within the next 2 to 3 years. But Pipats plan is to open up the country to international travelers by June... different hymn sheet perhaps? 1 Link to comment Share on other sites More sharing options...
Popular Post Xonax Posted March 8, 2021 Popular Post Share Posted March 8, 2021 Way to many businesses (taxpayers?) have already gone bankrupt and many more will come. I guess that a bunch of unusually wealthy citizens have just been waiting to grab land and property for little money. 5 Link to comment Share on other sites More sharing options...
AhFarangJa Posted March 8, 2021 Share Posted March 8, 2021 4 hours ago, webfact said: PM: Thailand not broke from COVID-19 measures No, it was already on the way before Covid when you and your cronies starting bleeding the coffers dry to fill your troughs. 4 hours ago, webfact said: high international reserves Probably the only high international reserves are the ones in Singapore belonging to you, watchman, and others at the trough. 1 Link to comment Share on other sites More sharing options...
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