PM vows to move on with Strong Thailand Scheme and pushes GDP up to 6%

BANGKOK, 10 June 2010 (NNT) – Prime Minister Abhisit Vejjajiva vows to drive the country’s economy on by moving forward the Strong Thailand Scheme with the effort to push GDP up to 6%.

Speaking with more than 10 institutional investors including the Thanachart Securities Public Co Ltd about the government’s policy as well as economic and political perspectives, the Prime Minister confirmed that the political situation was under control. He said the projects and budgets under the Strong Thailand Scheme were to be moved on as planned.

Mr Abhisit Vejjajiva elaborated that the GDP currently was at 4-5% and the government would try its best to shove the GDP up to 6% this year.

He also affirmed that the government had no policy to increase tax rate particularly value added tax as concerned by investors, since all government operations in both investment and budgets were in line with the plan.

The Thanachart Executive Assawinee Tailanka said that this meeting with the Prime Minister could regain the investors’ confidence but the investment could not proceed immediately as they needed to observe other involved factors before making decision.