NCPO: Many economic policies still under study


BANGKOK, 9 June 2014 – The National Council for Peace and Order (NCPO) has clarified that details of some important economic policies have not been concluded as thorough studies are needed. 

In response to previous speculations, Deputy Spokesman for the NCPO Col Winthai Suwaree confirmed that no conclusions had been drawn on such issues as the tax structure, energy prices, assistance for agriculturists, water management and infrastructure systems.

He reasoned that relevant agencies were in the process of studying the matters in order to come up with the most effective and sustainable solutions.

Moreover, Col Winthai placed an emphasis on the acceleration of budget disbursement for the remaining part of fiscal 2014, saying the authorities were making sure that this year’s budget spending would be conducted in a transparent manner and would be congruent with the 2015 appropriation being prepared by the Bureau of the Budget. He assured that budget allocations to all government units would continue in line with the ten-year national development plan.