Govt Boost Investor Confidence, Says Finance Minister

[george]

Government’s policy to boost investor confidence, says finance minister

BANGKOK: -- Deputy Prime Minister and Finance Minister Pridiyathorn Devakula on Monday voiced confidence the government’s policy to be delivered before the National Legislative Assembly on October 27 would help boost investor confidence.

He revealed details of the government’s policy had been submitted to Deputy Prime Minister and Industry Minister Kosit Panpiemras so that the latter could forward it to the cabinet for consideration on October 24. Then the policy would be delivered before NLA on October 27.

Pridiyathorn said he was confident the government’s policy would help boost confidence among people, businesspersons, as well as local and foreign investors.

Once the policy is approved by NLA, he said, Prime Minister Surayud Chulanont would explain the policy to foreign correspondents on November 7.

As the deputy premier and finance minister, he and other economic ministers would clarify the policy in detail to foreign chambers of commerce on November 10.

Members of the chambers would be informed of the government’s policy on economic affairs, particularly regarding sufficiency economy.

He affirmed the budget deficit for 2007 would not exceed 100 billion baht. It would help make the country’s economy grow on a continued and sustainable manner.

--TNA 2006-10-24