Kittiratt: Anti-govt protests bad news for economy

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BANGKOK, 5 August 2013 Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong warns the ongoing protests against the government might affect the economy and calls on all sides to stay peaceful. 

The deputy premier said on Monday that the demonstrations might trouble the economy in terms of tourism, investment and domestic spending. He therefore urged the political groups and people who disagreed with the government to sit down and talk, saying all sides had to work together if they wanted to see economic stability.

The government would reconsider existing economic measures and launch more stimulus packages to suit the situation. The government hoped that they would help increase this year’s economic growth, the deputy PM said.

Meanwhile, President of Thai Airways International Sorajak Kasemsuvan said people had the right to demonstrate in a peaceful manner. He disclosed that his company did not prepare any backup plans or explanations to be announced in foreign countries since there was still no incident.