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Prem urges Thais to adopt self-sufficiency economy as advised by His Majesty



Privy Council Chairman General Prem Tinsulanonda Friday urged all sides to apply the lessons of His Majesty the King's speeches, especially on the self-sufficiency economy, to solve the country's poverty.

Prem gave a speech at a seminar hosted by the Foundation for International Human Resource Development on the creation of a learning society according to His Majesty the King's initiatives and his self-sufficiency philosophy.

His Majesty had been talking about the "New Theory" for more than 20 years but people at the time gave little interest, as they were keen on becoming a newly industrialised country, he said.

Now people had turned to and become confident in this theory, which had never been out-of-date and would remain applicable in the future, he said.

"Even United Nations Secretary-General Kofi Annan, who conferred the Human Development Lifetime Achievement Award on His Majesty on May 26, said at the Foreign Affairs Ministry that if human development meant to prioritise people, nothing was greater than development according to His Majesty's guideline," he added.

As the country's greatest problem was poverty, using the self-sufficiency economy theory would help solve it, said Prem.

The Nation





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