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BOT chief declines PM's offer to join his Cabinet


Outgoing Bank of Thailand Governor Veerathai Santiprabhob has declined a post in Prime Minister Prayut Chan-o-cha's Cabinet, according to a central bank press release on Sunday.

Reacting to local reports Veerathai said in the release that he had been approached to join the government's incoming economic team, but he had told the premier recently that he could not take any post in the Cabinet. He also thanked the PM for trusting him and approaching him to join the Cabinet.
The five-year term of the current BOT governor will end in September. He took office on October 1, 2015.
Prayut has approached a number of high-profile persons to join his Cabinet, following the resignation of five key members.
Deputy Prime Minister Somkid Jatusripitak, Finance Minister Uttama Savanayana, Energy Minister Sontirat Sontijirawong, Minister of Higher Education, Science, Research and Innovation Suvit Maesincee and deputy secretary-general to the PM for political affairs Kobsak Pootrakool handed in their resignations on July 16.
The premier has reportedly approached Predee Daochai, president of the Thai Bankers’ Association, to join the Cabinet but he has yet to respond.
On Friday, the National Economic and Social Development Council issued a press release denying a local news report that its secretary-general, Tossaporn Sirisamphan, will take up a post in the Cabinet.
Tossaporn said in the release that he still worked as National Economic and Social Development Council secretary-general as usual and was engaged in a crucial mission of screening projects worth Bt400 billion, which are aimed at lifting the battered economy.

Published : July 18, 2020

By : The Nation