TDRI warns political parties of excessive campaign spending and economic risk

[snoop1130]

Image Courtesy of Bangkok Post

 

The Thailand Development Research Institute (TDRI) has issued a warning to major political parties that their primary election campaign projects might be unnecessary as an economic stimulus, given that the country is not currently experiencing a recession.

 

Yesterday, TDRI published a report intended to study and analyse the budget management of political parties, offering recommendations for adapting their future strategies.

 

The analysis focused on the policies of six leading political parties: Pheu Thai, Palang Pracharath Party (PPRP), United Thai Nation (UTN) Party, Democrat Party, Bhumjaithai Party, and Move Forward Party (MFP). The TDRI discovered that most parties proposed policies which may lead to excessive budget spending if they were elected to office. This could negatively impact the economy, increasing public debt and threatening economic stability, reports Bangkok Post.

 

The institute also highlighted that the majority of their financial policies could lead to increased financial burdens.

 

As of last month, policies from four parties amounted to a combined cost of one trillion baht.

 

Full Story: https://thethaiger.com/hot-news/politics/tdri-warns-political-parties-of-excessive-campaign-spending-and-economic-risk

 

-- © Copyright Thaiger 2023-05-02

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

 

[hotchilli]

12 hours ago, snoop1130 said:

The institute also highlighted that the majority of their financial policies could lead to increased financial burdens.

Just like the last 8 years.

[ozz1]

Yes buy more subs and military hardware that's ok but give a bit back to the people no-no

[Andycoops]

But these parties don't care about ordinary citizens burdens that's why they promote pie in the sky promises to get their snouts in the trough.

[zzaa09]

16 minutes ago, Andycoops said:

But these parties don't care about ordinary citizens burdens that's why they promote pie in the sky promises to get their snouts in the trough.

Quite the revelation. 

Wondering if anyone else has picked up on this. 

 

Politics and politicians the world over. 

It's about this and nothing else.