“Pichai” explains the amendment to the “High-Speed ??3 Airports” contract, making only minor adjustments

Pichai" suggests the Governor of the Bank of Thailand to keep the policy, the issue of not reducing interest rates continuously, reveals that there has been an appointment to discuss the inflation framework, states that the Cabinet is preparing to consider amending the contract for the "High-speed rail connecting 3 airports", explains that the adjustment is only minor, avoids answering whether it will benefit the private sector, points out that the semiconductor board has been set up to support investment. Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, talked about the case of Mr. Sethaput Suthiwatanaruput, Governor of the Bank of Thailand (BOT), giving an interview to foreign media, signaling that after the interest rate cut last week, the BOT would not rush to continue reducing interest rates. From the government's perspective, how do you think? He said that expressing opinions like this should keep the policy. If you speak openly, it may cause those who trade money to know this p osition, which may be at a disadvantage. As for the government's desire to continue reducing interest rates, Mr. Pichai said that whether it wants or doesn't want to be considered can be considered, but it must be considered in line with the situation. However, when talking about increasing or decreasing interest rates, don't say it clearly. When asked if he had set a date for a meeting with the governor of the Bank of Thailand about the inflation framework, Pichai confirmed that he had already prepared to discuss the inflation framework with the Bank of Thailand within the next few days. As for the Bank of Thailand wanting to maintain the inflation framework at 1-3%, what would the government say? Pichai said that they would have to discuss it with reason. Mr Pichai admitted that the amendment to the high-speed rail contract connecting 3 airports (U-Tapao - Suvarnabhumi - Don Mueang) will be presented to the cabinet meeting next Tuesday, but it will be a small detail amendment. As for the allegations that there will be benefits for the private sector, Mr Pichai said that we should see how the contract will be amended in the end. As for the establishment of the National Semiconductor and Advanced Electronics Industry Policy Committee, chaired by the Prime Minister, how will it benefit Thailand? Mr. Pichai said that the semiconductor industry is an important investment target for the country. The government's focus on this issue, in addition to investment, is also important in preparing people to support this industry. As for the meeting of the Economic Stimulus Policy Committee to drive the important economic stimulus policies that have been postponed, when will there be another meeting? Mr. Pichai said that today we are already stimulating. Source: Thai News Agency