Govt won’t use tax to curb strong baht
- Published: 30 Jan 2013 at 15.01
- Online news:
The government has no plan to use measures to control foreign direct investment (FDI) inflow and outflow to curb the persistent baht appreciation, Finance Minister Kittiratt Na-Ranong said on Wednesday.
Mr Kittiratt spoke to reporters after meeting with a committee formed to help small and medium enterprises (SMEs) affected by the 300-baht daily miniumum wage.
He said Prime Minister Yingluck Shinawatra and all panel members were concerned about the strengthening baht, which is hurting the export sector, and wanted to see a stable currency.
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