BANGKOK, Feb 8 (TNA) — Finance Minister Apisak Tantivorawong said the Constitutional Court’s unanimous decision to disband the Thai Raksa Chart Party will not have an impact on investors as the Thai economy is strong.
The disbandment of the political party was irrelevant to the economy and would have no impacts on economic confidence because the people who favored the Thai Raksa Chart Party could vote for other political parties, the finance minister said.
The Thai economy was quite strong and had not many risks of recession, he said. The government had implemented financial measures, especially investment in infrastructures, which would yield at least 10-20% economic returns, he said.
Mr Apisak cited measures to help poor people, saying that within the first half of this year, 70-80% of the people who received assistance would have more income and be above the poverty line.
The government had taken office when the economy had been weak and economic promotion measures had been implemented for 2-3 years and resulted in economic growth, the finance minister said. (TNA)
