Economy needs clear pathway: SomkidSomkid: Leadermust plan aheadA leader must have a clear vision to bring Thailand out of its economic crisis, said former deputy prime minister Somkid Jatusripitak at a public lecture on Sunday, his first since his exit from the Prayut administration in July 2020. Mr Somkid said the global community is faced with more risks and uncertainties, which will only become harder to predict. He noted the Covid-19 pandemic, which has caused widespread adverse impacts on the economy and people's livelihoods, is still not over. "These agencies must take bold steps and propose a budget plan [that suits] the unusual economic situation. Mr Somkid said budget and fiscal policy decentralisation have to be done to drive national development, so legal amendments must be expedited to achieve them.

Source: Bangkok Post May 17, 2022 03:28 UTC