Finance minister affirms Thailand is on right track | Bangkok Post: business

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Finance minister affirms Thailand is on right track

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Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong has reassured the government the economy is on the right course by stimulating domestic consumption to balance declining exports despite his critics pushing for sustainability and prudence. 

The government pursued several of its election pledges in the year after assuming office _ a 300-baht daily minimum wage, 15,000-baht salaries for university-graduate civil servants, paddy pledging at 15,000 baht a tonne and debt suspension of 280 billion baht for 2.5 million farmers and small debtors.

Mr Kittiratt said during his one-year assessment he feels these policies have led to the growth of the domestic economy.

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