confidence drops. The investment environment is not good. curbing the economy these problems Waiting to demonstrate the ability of the Settha Cabinet 2 which this time has really adapted the Cabinet. so that the country can move forward OR simply adapt it to meet the needs of the group or just “someone”?
confidence drops. The investment environment is not good. curbing the economy these problems Waiting to demonstrate the ability of the Settha Cabinet 2 which this time has really adapted the Cabinet. so that the country can move forward OR simply adapt it to meet the needs of the group or just “someone”?
The change in the look of the “Seththa 2” toilet, good or bad, is probably already known around town. in the past Memories of adjustment Most governments tend to make changes to benefit the interests of their friends and political parties. But if you don’t look too hard, I think this adjustment is probably to put the right man in the right place it will take some time to prove that this is indeed the case
Settha’s government today finds itself in a crisis situation on all fronts. A Changing World New challenges have been added.
Especially the economic situation, food problems, family debt, drought, global warming, work, geopolitics, trade wars, etc. All these problems require a qualified government leadership team, the face of the newly changed government.
If you can, show off your skills Ready to face amazing strategic shots Fight these challenges It is considered useful. …but I’m afraid that’s not the case.
Latest Ministry of Finance Entering the Thai economy in 2024, it is expected to expand at 2.4% (within the expected range of 1.9 to 2.9%). This economic expansion forecast has been lowered from the Ministry of Finance’s latest forecast this month to 2.8% due to 4 main factors consisting of
1. Product exports fell more than expected. Mainly industrial products in Q1 2024.
2. Industrial production continues to decline. Reflected by the Industrial Production Index (MPI), specifically the automotive component and circuit board categories in Q1 2024.
3. The agricultural sector is affected by drought and the El Niño phenomenon.
4. For the moment, Finance will continue to use the budget disbursements for the year 2023.
Even if the Ministry of Finance still believes in it Stability within the country remains at a stable level. And general inflation is expected to stand at 0.6% per year (expected range between 0.1 and 1.1%) following the decrease in prices of some food products. Furthermore, the price of products in the energy category has decreased due to government measures aimed at supporting living expenses.
while stability outside the country The balance of services should be in surplus following the increase in the number of foreign tourists. About 35.7 million people are expected to arrive this year, resulting in the current account balance in 2024 likely returning to a surplus of $9.3 billion, or 1.8% of GDP. The Thai economy will improve.
Relative content
But let’s look back. The economic situation will become more critical from now on. This is a big problem that the government needs to solve urgently. Especially the problems of feeding the stomachs of grassroots people, SMEs and large enterprises.
Default debt problem Businesses lack liquidity chronic debt which will affect the national economic system confidence declines The investment environment is not good. curbing the economy these problems Waiting to demonstrate the ability of the Settha Cabinet 2 which this time has really adapted the Cabinet. so that the country can move forward OR simply adapt it to meet the needs of the group or just “someone”?
#Government #adjustment
