Don't Panic About Thailand Economic Woes : PM

[george]

PM calls on people not to panic about economic woes

BANGKOK: -- Prime Minister Thaksin Shinawatra today called on the public not to panic about many problems affecting the economic growth, pledging the government would work harder to cope with them.

He conceded rising fuel prices, southern unrest, impacts from last December tsunami disaster, current account deficit, and higher inflation rate had erode confidence in the country’s economy.

“It is normal everybody feels upset with the ongoing economic woes. But don’t panic about the situation and be cool because the government will work harder to cope with them.”

At the same time, he said, people needed to prepare to do their own duties to the utmost under the current economic condition.

Asked how the government would do with the transport operators’ request for help since they are adversely affected by rising oil prices, the premier said he had instructed state agencies concerned to look after.

“We will do our best what we have to do. However, everyone needs to try to help themselves as well,” he said.

--TNA 2005-06-10

[Ned]

Yeah, that's what the people have to do....help themselves......just like the PM and his cronies have been doing for years ie helping themselves. Concerned Thais would call it "Kin muang" (literally "eating the country" or as they would put it " sucking the country dry".) Mai pen rai na.

[Pattayatony]

Yes Mr Toxic you can only cook the books for so long but they will get burnt in the long run. Down hill from here

[OlRedEyes]

“It is normal everybody feels upset with the ongoing economic woes. But don’t panic about the situation and be cool because the government will work harder to cope with them.”

Trust me... I'm a Doctor.....

[Steve&mem]

Don't worry Mr Toxic is claiming all the money that was lost in the 97 crash back from the former Governor of Thailand's central bank.

I have heard Rerngchai Marakanond now owes nearly £5 billion

[terdsak_12]

Don't worry Mr Toxic is claiming all the money that was lost in the 97 crash back from the former Governor of Thailand's central bank.

I have heard Rerngchai Marakanond now owes nearly £5 billion

<{POST_SNAPBACK}>

Not to worry then, we'll be back in business next week!!!

[DJ Pat]

I heard his droning speech in its entirity last night on Channel 11, his english was passable and he put the other delegates to sleep I think...

[ovenman]

BANGKOK: --  Prime Minister Thaksin Shinawatra today called on the public not to panic about many problems affecting the economic growth, pledging the government would work harder to cope with them.

He conceded rising fuel prices, southern unrest, impacts from last December tsunami disaster, current account deficit, and higher inflation rate had erode confidence in the country’s economy.

We seem to have moved from the earlier party line of none of these factors will have any effect on the economy to don't panic, we'll try to help but you might be on your own .

[penzman]

I sometimes think this man's days will end somewhat like Nicolae Caucescu. You can only laugh at a people for so long before...

[opothai]

by the time the s**t hits the fan the corrupt officials will just leave [very well catered for] and blame every body but themselves and it will leave the average thai paying for evermore with less and less tourism

very sad situation