Real estate: A look at the Cabinet’s new economic team Raises confidence to a certain level Suggest accelerating budget spending and encouraging investment
April 29th Mr. Issara Boonyang Chief Executive Officer of Kanda Property Company Limited and Chairman of the Real Estate Design and Construction Committee Thai Chamber of Commerce Revealing the reshuffle of the new government (Cabinet) that Looking at the people appointed in the economic team of the new government, their appearance is not much different from that old. But overall, there is a certain level of trust that will guide various policies. to stimulate the economy
particularly New Minister of Finance The seat also includes the Deputy Prime Minister. He is believed to have previous management experience in a large organisation. He believes he is capable of managing fiscal policy well. The important thing is that the Ministry of Finance has a minister in charge of seriously guiding policy. Previously, the Prime Minister sat in two positions. He may make you inflexible.
“What we expect from the new government is to accelerate the economy. Not just the domestic economy There is also an international one. The urgency is 1. Accelerate the use of the 2024 budget. 2. Accelerate the opening of the transport network in which the government has invested heavily. and 3. Accelerate projects in the Eastern Economic Corridor or CEE that will strengthen confidence among Thai and foreign investors. When the Minister of Transport also sits next to the deputy prime minister. We see that we will collaborate with various agencies to advance the project,” Issara said.
Mr Issara said Furthermore, it is expected that in 6 months The Bank of Thailand (BoT) will consider further reducing the official interest rate. After the Prime Minister moved through commercial banks and state banks who responded by reducing the interest rate on loans for prime retail customers (MRR) by another 0.25% per annum for a period of 6 months, although to help retail customers. and vulnerable customers But the SME group is considered a group capable of driving the economy. The Prime Minister must be admired for being able to manage this. Even if it is not a reduction in official interest rates.
Read the news: Revealing the story of ‘Pichai Chunhavajira’, Minister of Finance, red label.
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