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ECONOMY

BoT urges reconciliation

Board of Trade Chairman Pramon Sutivong is confident that if People Power Party becomes the core coalition party, most of its economic policies would be like those of Thai Rak Thai Party.



 "If mistakes are corrected and non-populist policies are included, it should help the economy," Pramon said.

 He also noted that if Chart Thai and Puea Pandin parties join People Power Party, the economic policies should also benefit the business communities as from internal discussions their policies are supporting new investment and international trade.

 He is also confident that foreigners would regain their confidence as Thailand will have an elected government, no matter what party would become the core coalition party.

 "What worries me is opinion divisions. Whatever party becomes teh government, if they have in mind conflicts in the past few years and work out a reconciliatory clause, conflicts would be solved to some extent," Pramon said.

 The businessman also asked the new government to speed up on generating revenue to the country.

 "In the past few years, Thailand's exports expanded aggressively while domestic investment and consumption dropped. While exports would remain the key engine in driving the economy at times of higher energy prices, efficiency must be increased while inflation must be controlled," he noted.

- The Nation

  


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