BANGKOK, Jan 7 – The Thai government has been prepared to cushion the impact of the US-Iran conflict on the country’s economy, says Deputy Prime Minister SomkidJatusripitak.
Somkid on Tuesday urged the public to remain calm amid fears of escalating conflicts in the wake of the US assassination of Iranian top general QassemSoleimani on Friday.
He gave assurance of Thailand’s preparedness and strong economic fundamentals.
State agencies had stayed vigilant and constantly been in close coordination, said Somkid without providing details.
Meanwhile, Energy Minister SontiratSontijirawong said the Ministry had been ready to impose measures when necessary.
He said Thailand’s state oil fund had cash of over THB40 billion on hands while the current crude oil reserves was of 50 days.
The minister revealed that the state oil fund committee planned a meeting on Friday to discuss the matter and promised to inform the public on the situation.
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