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Delays in getting the new government in place could be damaging – Thai Chamber of Commerce

Delays in getting the new government in place could be damaging – Thai Chamber of Commerce

13 Sept 12:35 Key points summarised by AI
  • The Thai Chamber of Commerce (TCC) warns that any delay in forming the new government could severely damage the country's economy and international standing.
  • TCC Chairman Sanan Angubolkul expressed concerns over the proposed zero-based budgeting system, cautioning that incorrect implementation might delay budget allocations and hinder economic stimulus efforts.
  • Prospective Prime Minister Pita Limjaroenrat affirmed his government's readiness to address urgent national issues immediately upon official confirmation by the Election Commission.
  • Pita highlighted the critical need to prevent a significant diesel price increase scheduled for July 21st, emphasizing that public suffering cannot continue while awaiting the new government's official start.
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