Government House, PM believes the US also has economic stimulus measures after the stock market crash, saying it is normal for investors to be concerned about the political situation in August.
Prime Minister Settha Thavisin spoke about the political situation in August. He checked whether the trend had an effect on investor confidence. He said that there was no trend checking at all because the people’s problems were a big issue. He spent most of his time solving the problems. As for the trend, it would be whatever it was.
The Prime Minister also stated that as the reporters correctly said, many events occurred in August, whether it was tomorrow (7 August) or 14 August. Of course, it is normal for investors to be concerned.
When asked about the economic outlook of the United States, which is currently at risk of entering a recession, how has the government been monitoring it? The Prime Minister said that he is watching. This morning, he checked the stock market and it bounced back a bit. He believes that
it will be similar to the stock market in Japan, which fell to a historic low. Today, it has risen, probably 10%. It is probably more of a panic sale. He believes that the United States already has measures to stimulate the economy.
In the case of Chinese applications entering Thailand, the Prime Minister said that he has ordered the Ministry of Commerce and the Revenue Department to ensure that all registrations are done properly.
Source: Thai News Agency