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Thai economy to recover in Q4
By k on July 2, 2009
BANGKOK, 2 July 2009 (NNT) – Deputy Prime Minister for Economic Affairs Korbsak Sabhavasu assured that Thai economic figures will turn to the positive in the fourth quarter of 2009.
Mr Korbsak stated that the current economic slump was resulted from many factors, consisting of the global economic crisis, political instability, and the influenza A (H1N1) outbreak. However, he insisted that the government had been attempting to resolve the issues.
The Deputy Prime Minister informed that the government had adopted many policies and measures to tackle the economic crisis within the nation, such as the Strong Thailand 2012 scheme, the 15-year free education, the senior citizen pension fund, the Tonkla Archeep employment project, and the government bond issuance.
Regarding the Tonkla Archeep scheme, Mr Korbsak noted that much public participation had been witnessed in every phase of the project. He added that the scheme offered job opportunities for the unemployed, which will in turn help spur the national economy.
Related posts:
- MOU to prevent further job losses to be signed on 9 July BANGKOK, 7 July 2009 (NNT) - Deputy Prime Minister...
- Former Deputy PM: Thai economy will not recover this year BANGKOK, 31 July 2009 (NNT) – Former Deputy Prime...
- BoT confident Thai economy will recover well in Q4 BANGKOK, 1 December 2009 (NNT) – The Bank of Thailand...
- Economy will recover in second half of 2009 BANGKOK, 2 August 2009 (NNT) - Industrial confidence and economic...
- TCC: Strong Thailand scheme will boost Thai economy BANGKOK, 17 September 2009 (NNT) – The Thai Chamber...
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