BANGKOK, 11 March 2014 Prime Minister and Defense Minister Yingluck Shinawatra has urged all responsible agencies to speed up government spending in a bid to trigger the economy, which has been hard hit by the ongoing protests.
At the Royal Police Cadet Academy in Nakhon Pathom, the Premier met with the ministers of Commerce, Finance, Agriculture, Industry, and Tourism. She urged them to boost the country’s economy through budget spending ,which in turn would bring back investors’ confidence in the Thai economic stability.
The meeting came after reports that foreign investors were losing confidence in the Thai economy thanks to the prolonged political uncertainty, causing investment slowdown and the relocation of production bases.
She also assigned related agencies to collect information and assess how much damage the political protests have done to the country.