The FTI recommends that the government and BoT talk together to find a solution to the economic crisis.


Queen Sirikit Center, May 8 – The joint committee of 3 private sector institutions (CPF) recommends that the government and BoT join together to discuss and find solutions to the country’s economic problems together.

Mr. Kriengkrai Thiannukul, Chairman of the Federation of Thai Industries (F.T.I.), as chairman of the meeting of the joint committee of 3 private sector institutions (FTI), discussed the conflict between the government and the Bank of Thailand (BOT). .) Regarding interest rate policy, I want all sectors to join in the discussion. To find solutions to the country’s economic problems. Because from the estimated numbers of both the global and Thai economies that have decreased It is considered fragile. Therefore, we want to work together to solve the problem. By taking advantage of the country as the base in order to solve existing problems If there are still different opinions, it will not lead to solving the problem.

Mr. Kobsak Duangdee, secretary-general of the Thai Bankers’ Association, said
that the Bank of Thailand (BoT) looks at monetary policy. which is really free to work Then design to be independent. It will help with the stability of the Thai economy. Therefore, what has happened is a demonstration of the roles and responsibilities of each party. As for the issue of conflict between the government and BoT regarding interest rate policy that the government wants The BoT has reduced it. In considering the reduction of the reference interest rate, the BoT has the MPC committee that makes the decisions. In the MPC, there are many sectors. Consideration is based on the environment. Including using the experiences of those who participated in the consideration, not the BoT being the only person considering it.

When the reporter asked about the issue of correction National Bank Act To reduce the independence of the central bank, Mr. Poj Aramwattananon Vice Chairman The Thai Chamber of Commerce said that today no one has said that there is a conflict. As for the amendment to the National Bank Ac
t, The Prime Minister said Haven’t thought about fixing it yet. National Bank Act The FTI is an organization that is accepted and is neutral. Therefore, I would like to express my opinion only on the economic aspect. As for politics, I don’t want to get involved. Because each person has their own duties. According to international principles, the National Bank has a framework for working in accordance with The state has a framework for managing the country according to its goals. Now there is a Minister of Finance. It should be open and discussed. What can be agreed upon, let’s agree on, taking one step at a time to make the situation better. Because in the end, everyone hopes for the benefit of the nation.

Source: Thai News Agency