Prime Minister Yingluck Shinawatra stated on Thursday that state efforts to manage the baht are being integrated, with the Finance Minister acting to coordinate all the affected agencies, including the Bank of Thailand (BoT), an independent institution.
The PM stated that her goal was to achieve stability for the baht through the implementation of all available measures, without affecting the country’s overall economic condition, particularly those conditions that have a direct effect on business operators and SMEs.
Yingluck insisted that a set of fiscal and monetary controls is now ready for use.
The Premier also brushed aside news of conflicts between the Finance Ministry and the BoT, saying what happened merely reflected different points of view between the two.
She assured that both her cabinet and the BoT would still be able to work collaboratively, while denying rumors about political pressure to remove the central bank chief from his post.
National News Bureau of Thailand
Photo: Nicholas Aldstat
