Somkid eyes ‘economic cabinet’

Somkid eyes ‘economic cabinet’

Deputy Prime Minister Somkid Jatusripitak
Deputy Prime Minister Somkid Jatusripitak

An economic cabinet will be set up as a mechanism to drive economic policy management and improve efficiency amid the sluggish global economy.

According to Deputy Prime Minister Somkid Jatusripitak, he has already consulted Prime Minister Prayut Chan-o-cha on the proposal.

The economic ministers’ meeting to be chaired by Gen Prayut does not need to meet every week, Mr Somkid said. The meeting should only be held when there is a special agenda, he said.

The weekly cabinet meeting can then proceed more quickly because the economic agenda has already been screened by the economic ministers’ meeting.

According to Mr Somkid, the government will also revive the Joint Public-Private Consultative Committee’s meeting as a mechanism for cooperation between the government and private sector, including the Federation of Thai Industries, the Thai Chamber of Commerce and the Thai Bankers’ Association.


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