Prime Minister Yingluck Shinawatra on Saturday urged the Thai public and
private sector not to panic or halt
investments due to Europe's debt crisis, for she was certain the government could deal with the issue.
The premier spoke during “Yingluck Government Meets the People,†her weekly talk show on state-run television Channel 11.
Panicking as a response to the situation will worsen the
Thai economy, she noted. Her administration is ready to launch contingency measures in case of negative scenarios.
She advised Thai entrepreneurs that have
businesses in some European countries to reduce their stocks there or look for new markets. The Commerce Ministry is available to provide advice to affected entrepreneurs, she said, while committees are to be set up to monitor and manage likely urgent problems from the
eurozone debt crisis.
Ms Yingluck said the Thai economy remains fundamentally strong. Several sectors, such as industrial products,
tourism, and agriculture, have seen positive growth, although not very high, as the country has just recovered from last year's flood.
Concerning the country's unemployment rate of over 300,000 persons, the premier said her government has invited relevant persons to discuss the matter and see if the production of labour has occurred according to demand. The
employment ratio and the numbers of new graduates are to be analysed for evaluation and finding further solutions, she noted. - source - PNA
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