Uttama to talk stimulus with finance officials

Uttama to talk stimulus with finance officials

Finance Minister Uttama Savanayana
Finance Minister Uttama Savanayana

Economic stimulus measures are expected to take shape after Prime Minister Prayut Chan-o-cha delivers the government's policy to parliament, said newly installed Finance Minister Uttama Savanayana.

After Gen Prayut's statement to parliament, Mr Uttama will talk with high-ranking ministry officials about short- and long-term measures to shore up the economy.

"It takes time to discuss appropriate measures to be launched, but not too long,” he said. “The Finance Ministry has been preparing such measures for a while.”

Mr Uttama is scheduled to deliver the policy to ministry officials on July 22.

Amid the flagging economy, the private sector has asked the new government to issue stimulus measures as a priority.

Regarding the Palang Pracharath Party's campaign promise to adjust personal income tax, Mr Uttama said the issue needs to be considered on how to proceed it.

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