Possible cabinet reshuffle unlikely to negatively affect 2012 Thai economy: BOT governor


BANGKOK, Dec 18 – Bank of Thailand (BOT) Governor Prasarn Trairatvorakul said on Sunday he believed that the possible cabinet reshuffle, which may occur in January 2012, was not likely to have any negative impact on the overall economy.

Regarding the possible cabinet reshuffle, Mr Prasarn observed that the government may want to implement some changes in order to improve the government’s overall works.

However, the reshuffle will not negatively affect the 2012 Thai economy, which was projected to grow by 4.8 per cent, the governor said, adding that next year’s exports were forecast to expand by 8 per cent.

Regarding bombs found and defused at several locations in the capital during the past week, Mr Prasarn believed that relevant agencies have sufficient information to resolve the problem.

He personally called on everybody to perform their duties as best as possible, aiming to restore confidence among foreigners. If the country is peaceful, then national development can move forward.