PM offers assurance of fiscal discipline
Prime Minister Yingluck Shinawatra has given her assurances that fiscal discipline will be maintained in addressing global economic volatility, Paiboon Nalinthrangkurn, chief executive officer of Tisco Securities, said yesterday.
He was paying a visit to the prime minister along with managers of about 40 Thai and foreign funds to exchange opinions on the global situation.
Yingluck realises that Thailand needs measures to protect itself against spillover effects and promises to uphold fiscal prudence like the previous government, he said.
She said her government would invest in projects to boost domestic consumption, including infrastructure projects. The government would not focus solely on populist policies.
To foster political stability, she would continue with the reconciliation process. The economy is on course to achieve the growth target of 4-4.5 per cent next year, she said.
