‘Pitha’ disagrees with ‘Thaksin’ stating that Thailand’s crisis is more serious than Tom Yum Kung.

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‘Pitha’ doesn’t agree with ‘Thaksin’ saying that right now the crisis is more serious than Tom Yum Kung. Worried that the government will dispense the wrong medicine Warning: Don’t just look at GDP and ignore inequality.

17 March 2024 – Mr. Pitha Limjaroenrat The Kao Klai Party list MP gave his opinion after former Prime Minister Thaksin Shinawatra stated that Thailand’s current crisis is worse than the Tom Yum Kung crisis in 1997. This will act as a catalyst for the government to accelerate the push for the digital wallet project. Up or not? Even though there is still no clear source of the money.

Mr. Pitha said that the term bad economy has many levels. Since the economy is depressed Until the economy is in crisis, such as the Tom Yum Kung incident. Hamburger Crisis or the Covid crisis There are international definitions of these crises. Because the economic and financial crisis is already related all over the world. Then there will be a definition of how much GDP must retreat in a crisis, how much research must be lost. Or how much money must be lost? This information has already been told by the Governor of the Bank of Thailand.

Mr. Pitha admits that right now the economy is really bad, growing slowly, depressed, and recovering after the Covid situation. It is still the slowest and worst in the world. But these are all structural problems. It’s not that the economy lost 20% of the crisis or the stock market lost more than half, like during the Tom Yum Kung crisis. or the value of the baht adjusted to 50 baht from 25 baht

“So now the situation is different. When the situation is different We push to say the same. We immediately prescribed the wrong medicine. You will prescribe the wrong medicine. Because you misdiagnosed the symptoms, now the economy is depressed. And then it absorbs for a long time. It’s been brewing for a year and it’s been brewing for 10 years, but the structural problems in exports are still the same. Things about the production sector remain the same,” Mr. Pitha said.

Mr. Pitha also added that This year the budget is delayed. But he still feels that once the budget is passed, the government intends to really pump out useful projects. It’s not just a seminar or buying curtains. There is an injection of investment into the structure, which will cause GDP to grow.

But most importantly, I would like to invite the government or Mr. Thaksin as well. It’s time to measure the economy. If you measure wrong it will be a wrong compass. If you just measure GDP, how much has it grown? It does not measure inequality. Therefore, I would like to ask that you try to find new economic measures to take care of, such as how is the value added to the economy now? Or measuring people’s wealth (GDP per capita) doesn’t just look at the national level. But look at the level in the province. It will make it easier to manage. Because we believe that it is not a trickle-down economy management like we are used to. But it is economic management at the grassroots level. It will make the economy grow and be equal.

The reporter asked: The quickest way to fix a specific task What will be the solution for the country? Mr. Pitha said that now details must be detailed on fragile matters such as the spending of the national budget. It is important to expedite the passage of the budget to allow the economy to continue. ,The production sector has problems, especially the SME sector. We must find measures to reduce costs in SMEs, reduce electricity costs, reduce raw material costs, which can make SMEs able to access the world stage. Various agricultural matters Even though the price of produce has increased But we have to go in and see if we have enough production or not. In some cases, the price has gone up because of secret imports, such as the importation of sea bass from Malaysia. causing the price of agricultural products to fall Therefore, many measures must be taken to solve the problem.

But the most important thing is to have a road map showing what will be done, when, and the people who will help. The person who will go in and check Who do I have to check? But at the moment, if there is nothing other than a digital wallet, there will be arguments about this kind of thing all the time. The big picture becomes growing up and arguing with each other. It cannot suggest any more than what is being done. But if there is a clear plan, it should be possible.

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