Prayut pledges to lead country to high income economy  

Prime Minister General Prayut Chan-o-cha said he would lead the country from middle income economy to high income economy by assisting farmers to sell their crops and push forward projects to lower their production cost.

He also said he would like the people to understand that the current economy slowdown was not caused by his government but it was merely a global situation that affected all countries.

Speaking at the annual assembly of the Federation of Thai Industries, the prime minister said that his government is working at its best  to revive the domestic economy and is targeting to lead the country out from being a middle income economy to a high income nation.

This could achieved through providing  more assistance to farmers, as well as increase the sales of Thai rubber to China and move forward with the potash mining project to cut the farmers’ farming cost in using fertilizers.

Gen Prayut also called for cooperation from the private sector to produce quality products with low prices for the people.

This could be done so if manufacturers could cut high packaging cost particularly on beautiful packaging, which he believed would be well received by the general public.

Gen Prayut said the current  economic slowdown was not caused by his government but it was the global situation that all countries were affected.

But he pledged to drive the economy forward and also to solve grey business that has affected glass root people.

He also promised that the planned land and building tax will not exploit the people but will aim at collecting tax on unutilized lands which are in the hands of certain people.

However the bill would not be enforced unless  public forum is held to sound out opinions.

In response, FTI President Suphan Mongkolsuthee has agreed with the government’s policy to produce low price quality goods, but informed that it should be done on specific groups of products and should be used as flagship products to penetrate into neighboring markets.