Restoring democracy 'will boost economy'
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Anuttama Amornwiwat, Pheu Thai Party's caretaker deputy secretary-general, has called on the government to work on stimulating the Thai economy, adding that restoring democracy would prevent the economy from collapsing.
She said that according to Pheu Thai’s economic team, the economy is likely to slump further. Anuttama said many public and private agencies were concerned that the economy will grow less than 3 per cent this year, and that the Kingdom would have experienced 0 per cent growth if not for low inflation rate this year.
She also warned that experts could fall further if the United States and the European Union decide to pose sanctions on Thailand.
Anuttama added that the only solution is to restore democracy. She also slammed those who are calling for reforms before elections, saying there were no tangible plans and this would drag the economy down further until people’s suffering becomes unbearable.
She went on to say that she did not agree with the government’s economic team, which is blaming the global slowdown for Thai economic woes.
