Kittiratt pushes for stabilised baht | Bangkok Post: news

News >

Kittiratt pushes for stabilised baht

FINANCE MINISTER WARNS OF A POTENTIAL ECONOMIC SLOWDOWN

  • Published: | Viewed: 3,059 | Comments: 2
  • Newspaper section: News
- +

Finance Minister Kittiratt Na-Ranong has warned that the economy might slow down if nothing is done to curb the strong baht. 

Speaking on Prime Minister Yingluck Shinawatra's weekly television programme yesterday, Mr Kittiratt said several economic agencies had forecast that the Thai economy could expand 4.5-5.5% this year. He said the average of 5% growth was not based on the current strong baht, adding if the currency is not forced to stabilise at an appropriate level, the economy might expand more slowly.

Mr Kittiratt, who is also a deputy prime minister, said the stability of the baht is the key objective.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

2 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments