Too early to predict emergency decree’s effects on economy: Arkhom
Finance Minister Arkhom Termpittayapaisith said on Thursday that it was too early to tell how the state of emergency will affect the economy.
He added that the authorities have deemed it necessary to take control of the situation or extensive rallies could have an impact on the business sector.
Prime Minister Prayut Chan-o-cha declared a state of emergency in Bangkok effective from 4am on Thursday to control the escalating pro-democracy protest.
The premier has also reportedly called a special Cabinet meeting on Friday to review the declaration of the state of emergency.
Under related laws, the declaration has to be considered within three days.
