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Sunday, May 5, 2024

Srettha highlights urgent economic measures in his govt’s policy statement

The meeting was overseen by Parliament President Muhamad Wan Noor Matha.

At 9.40am, Prime Minister Srettha Thavisin presented the government’s policy to Parliament after printed copies of the statement were distributed among lawmakers.

In his presentation, Srettha emphasised the need to address the economic crisis, stimulate spending, expand investment and digitalise the economy.

Srettha also highlighted urgent measures such as short-term stimulus and long-term capacity-building of the workforce to address the country’s ongoing challenges like sluggish growth, depressed exports and high household debts.

The government’s policy for economic recovery includes:

• Debt relief by addressing agricultural, business and personal debt

• Reducing energy costs and reforming the country’s energy consumption structure

• Generating tourism revenue

• Amending the…

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