Govt sends no signal on 30% measure

He said that on the measure, the Cabinet did not want to send an ill-advised signal and the Cabinet would not make the decision whether the measure should be abolished or not.

The SET index was up 2 per cent to 820.54 at midday on Tuesday on trading value of Bt13.26 billion, as investors anticipated the revocation of the measure which would lead to capital inflows.

 Samak also noted that the Cabinet approved the government's economic plan, which was approved by all six coalition parties. The National Economic and Social Development Board is giving the finishing touch on the plan, after recommendations from 6-7 ministers at the Cabinet meeting.

 The economic policy would be announced at Parliament on February 18 and on February 25, the government is scheduled to hold a meeting with state officials, Samak said.

- The Nation