BANGKOK, 5 June 2015 – Prime Minister Prayut Chan-o-cha has admitted that the Thai economy is recovering slowly due to external factors while affirming the government will continue to find measures to assist low-income earners and uplift their quality of life.
Prime Minister Prayut commented on the overall condition of the Thai economy, saying recovery is being impeded by the slowdown in people’s spending and uncertainties in the world economy. Nonetheless, he cited tourism as the top performer due to its steady growth, indicating that it signifies foreign visitors’ confidence in their safety and the stability of the government.
In the face of the economic doldrums, the premier insisted that the government has been striving to support farmers and the impoverished and has never been complacent to their needs. For agriculturists, he said working land has been allocated to many while a management plan for water sources for agricultural use has been adopted.
Furthermore, Gen Prayut added that a new project has been launched to increase the potential of village and community funds. The project is aimed to improve the well-being of residents, increase their access to loan sources and enable them to open their own SME businesses.
