FPO: ISA won’t affect investors
The cabinet's decision to impose the Internal Security Act (ISA) in parts of Bangkok on Aug 1-10 is unlikely to affect investors' confidence, Somchai Sajjapongse, director general of the Fiscal Policy Office, said on Wednesday.
- Published: 31/07/2013 at 04:06 PM
- Newspaper section: breakingnews
Mr Somchai said the government had made the right decision to be well prepared for any possible situation. It is not the first time the ISA has been used. The government does not want any violence to occur, he said.
The economy is slowing down and the imposition of the security law will have only a minimal impact and will not make it any worse.
It was good the decision was announced in advance, so the private sector could use the information to prepare for any possible situation, he added.
However, the FPO director general did not expect any political unrest as some feared. Any negative impact of the use of the ISA would be short lived, he said.
About the author
- Writer: Online Reporters
- Position: Online Reporters