PM Counters Opposition Claims, Asserts 2016 Budget Will Address Economic and Tax Challenges

Bangkok: Ms. Paethongtarn Shinawatra, the Prime Minister, expressed confidence in the 2016 fiscal budget’s ability to meet its targets and address the economic and tax challenges facing the US. She countered opposition claims and emphasized that budget provisions for tackling the drug problem were already in place.

According to Thai News Agency, the Prime Minister arrived at the Parliament building at 2:30 p.m. to propose the draft of the 2026 fiscal budget bill. She addressed concerns from the opposition regarding the alignment of budget allocations with the prevailing economic conditions. The Prime Minister assured that the budget is designed to stimulate economic growth across both public and private sectors and has undergone thorough reviews by various agencies. She acknowledged the objections raised, particularly regarding the digital wallet project, and reiterated that the budget aims to foster economic growth and is on target.

When questioned about the impact of the US tax issue on the 2016 budget’s objectives, the Prime Minister expressed confidence in its ability to address economic challenges. She noted that adjustments had been made based on feedback from all sectors, ensuring the budget would contribute to public and private sector growth and resolve economic problems.

Addressing former Prime Minister Thaksin Shinawatra’s suggestion to reallocate 157 billion baht from the digital wallet project to combat drug issues, the Prime Minister highlighted that drug suppression is already a prioritized national agenda within the budget. She emphasized her openness to constructive opinions.

When further probed about the opposition’s stance on diverting funds to address drug issues using the central budget, the Prime Minister clarified that the current budget already covers necessary and urgent matters. She stated that the central budget would be reserved for unforeseen urgent needs, while the annual budget comprehensively addresses existing priorities.

Regarding Mr. Thaksin’s willingness to personally engage in solving the drug problem, the Prime Minister welcomed contributions from all sectors, including the private sector, to tackle social issues. She expressed her willingness to cooperate and engage in dialogue with Mr. Thaksin, acknowledging his close familial ties.

Finally, when asked about Mr. Thaksin’s proposal to transfer funds to fight drugs, the Prime Minister reiterated her openness to considering useful suggestions. She emphasized the importance of collective efforts and patience in addressing national issues, prioritizing actions that benefit the country.