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Prime Minister Praises Thai people with better financial skills Know how to save for emergencies After the Covid Crisis

‘Prime Minister’ pleased Thai people to improve their skills in using money Know how to save for emergencies After facing COVID-19 Believing that it is the foundation for a sustainable economy

On October 30, Mr. Thanakorn Wangboonkongchana, spokesman for the Prime Minister’s Office revealed that Gen. Prayut Chan-o-cha, Prime Minister and Minister of Defense Satisfied with the results of the Thai Financial Literacy Survey 2020, overall Thai people have improved their financial skills at 71.0%, higher than the previous survey in 2018 and above the average. The Organization for Economic Co-operation and Development (OECD) latest financial skills survey for 2020, 60.5%

By considering the components of financial skills in all three areas, it was found that Thai people had better skills in all areas. both financial literacy financial behavior and financial attitude This is partly due to the epidemic situation of the COVID-19 virus. shows instability in income This made people realize the importance of preparing for emergency situations. It also found that the proportion of people with savings from the sample group increased. Most people stick to the principle of saving money for use in emergencies. and saving for retirement

“The Prime Minister recognizes the importance of promoting financial literacy to the people, especially in the education sector, who want to see Thai people have financial skills in finding, using, saving, and investing in order to be ready to deal with various situations. to know how to plan financially when faced with a crisis that people have strong financial immunity It will also be the cornerstone of a sustainable economy,” said Thanakorn.

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