Finance minister is ready to talk to BoT’s governor

Deputy Prime Minister and the Finance Minister Pichai Chunhavajira ready to talk to Sethaput Suthiwartnarueput
Deputy Prime Minister and the Finance Minister Pichai Chunhavajira ready to talk to Sethaput Suthiwartnarueput

Deputy Prime Minister and the Finance Minister Pichai Chunhavajira ready to talk to Sethaput Suthiwartnarueput, governor to the Bank of Thailand to seek solutions for economic direction.

Deputy Prime Minister and the Finance Minister Pichai Chunhavajira said on Tuesday (May 7) morning that he is ready to talk to Sethaput Suthiwartnarueput, governor to the Bank of Thailand (BOT) in order to seek balance and conformity between both economic machinery of fiscal and monetary policy. The talk is aim to seek solutions for economic management of two machines in an effort to implement economic policies in the same direction.

It’s a normal process to have a talk between the finance minister and the BoT’s governor. Two agencies have both duty and responsibilities to work together. We have to talk about the real problems. Mr Pichai said  

“I believed that Mr Sethaput’s working was based on fact and responsibility.

In addition, in the past, we had worked together sometimes ,therefore I thought we’d talk and can work in the same direction.”

Mr Pichai said  BoT still has its independence on matters of monetary policy. Freedom has always been there at BoT.  

Asked about the amendment of the BoT law to bring the BoT under the supervision of the government. Mr Pichai said this matter should be consider whether it was a problem.

“If we talk and it can settle,

I believe that differences of opinion will gradually become narrow and bring good conclusions. Party concerns can meet and make decisions and good judgement can support the government policy.”

New measure to boost the economy

Ask about, the problems that were rais by the Prime Minister’s,

And the Pheu Thai Party will be solv when he becomes a minister of Finance. Mr Pichai said he has not yet talked to Mr Sreetha on the problems and please let me discuss with him first.

He responded to the question of whether there will be other projects to assist Thai people during this period or not. He said the measure will be a parallel policy. The ministry will find tools to drive the economy along with solving existing problems. 

“Thai people are the ones who really push for the policy. If the government can solve the urgent problems, it will have momentum to drive the Thai economy.”

Mr. Pichai said the digital wallet scheme now is a regular job because it is a government policy. The finance ministry will discuss this evening and the progress will be announc.

Ministry of Finance

Related News : SET announces resignation of Chairperson of the Board of Governors