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Thai PM defends submarine purchase and explains causes of huge public debt

Thai PM defends submarine purchase and explains causes of huge public debt

13 Sept 14:51 Key points summarised by AI
  • Prime Minister Prayut Chan-o-cha defended the 22 billion baht submarine purchase from China, asserting it enhances national maritime capabilities and serves public interest, countering opposition claims of wasteful spending.
  • He justified the procurement of military equipment, including night-vision goggles, as essential for national defense, dismissing criticisms that the government is buying 'military toys' amidst economic hardship.
  • The PM attributed a significant portion of Thailand's public debt to the previous Pheu Thai government's corruption-riddled rice pledging scheme and the failed Uah Arthorn housing project.
  • He explained that the current government's 1 trillion baht loan was utilized to assist various groups, such as farmers and low-income earners, impacted by the COVID-19 pandemic through relief schemes.
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