BANGKOK, 29 May 2013 The Finance Ministry has affirmed that its amended regulations are now ready for implementation to enable the government to manage capital inflows and outflows.
Finance Minister Kittiratt Na-Ranong said on Wednesday that the Finance Ministry has completed the amendment of the regulations to enable it to manage capital movement to be more balanced and appropriate. The amendment has also been published in the Royal Gazette.
Mr. Kittiratt stated that the amended regulations have been made ready for related agencies to consider and ask for the activation, when needed, in order to assure the world that the Thai economy is shielded from volatile global economic conditions.
In related development, the Finance Minister said that the National Savings Fund Act has been reviewed by the Parliament but still needs further deliberation to assure that the law will really benefits savers and cause them no problem in the future.
