The Prime Minister received a white paper with economic suggestions from the National Economic and Social Development Board.

The Prime Minister opened Government House to talk to the National Economic and Social Development Board (NESDB) and received a white paper with proposals for solutions to the country's economic problems. He pointed out that over the past 10 years, Thailand has had problems with its economic growth potential. He vowed to join hands with the private sector to generate new income, not to restructure debt. Ms. Paethongtarn Shinawatra, Prime Minister, discussed with the Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) at Thai Khu Fah Building, Government House, led by Mr. Sanan Angubolkul, as Chairman of the JSCCIB and Chairman of the Board of Trade of Thailand, Mr. Kriangkrai Thienukul, Chairman of the Federation of Thai Industries, Mr. Payong Srivanich, Chairman of the Thai Bankers Association, and Mr. Sutee Sathanasathaporn, Director of the JSCCIB Office. Before the discussion began, Mr. Sanan presented a white paper with proposals for solutions to the country's economic problems, prepare d by the National Economic and Social Development Board, to the Prime Minister. Ms. Paethongtarn said that she was glad to meet at Government House again because she had met for the first time at the Pheu Thai Party before the government's policy statement. She wanted to talk and exchange ideas, which was very useful last time. As you know, Thailand has been having problems with economic growth potential for more than 10 years. Of course, this impact has resulted in people having higher household debt. She wants the government and private sectors to talk and cooperate. We cannot just talk about debt restructuring, which is a problem. We must also find new income for the country, which is important for economic growth. What the government is doing now is soft power and cooperation with many private sectors because they see the private sector as an important sector that will increase the country's income and support the people. Therefore, she wants the government and private sectors to work together more to cr eate confidence and new opportunities for the people, which is very necessary. Today, the government is ready to support and listen to the private sector so that they can adjust to the government's policies. Mr. Sanan said that he believes in the government under the leadership of Prime Minister Paethongtarn, as the current economic situation in Thailand is facing challenges and problems in many dimensions. The CFA has therefore gathered opinions from the business sector in various fields to compile a white paper to propose to the government to consider implementing in the immediate, medium and long term, with a total of 4 issues: solving economic problems, helping small and medium-sized enterprises (SMEs), water management and increasing the country's competitiveness. For example, urgent measures to reduce the cost of living for the people, reduce the costs of business operators by controlling the prices of basic goods and necessary services, fixing the prices of electricity and diesel to reduce the costs of business operators and reduce the burden on the people, including the adjustment of the minimum wage, with the private sector requesting that it be in accordance with the mechanism of the tripartite subcommittee. Economic stimulus measures should be appropriately separated and budgets should be used effectively, with a focus on stimulating vulnerable groups. This is an urgent matter that the government has already implemented. Meanwhile, groups of people who still have purchasing power can implement economic stimulus measures in the form of double projects to help increase purchasing power in the economic system, so that the government does not need to spend a lot of budget. For groups with high purchasing power, measures can be issued to attract spending to increase money into the system, such as easy e-receipt, various tax measures that the government does not need to spend any budget at all. Source: Thai News Agency