Thai Prime Minister thanks the private sector for helping government in process of recovering Thai economy

BANGKOK(NNT) – The Prime Minister has disclosed that Thailand’s economy, affected by the COVID-19 outbreak, may need six to nine months to recover, and he has asked the 20 richest individuals in Thailand to cooperate with the government in undertaking economic reconstruction.

General Prayut Chan-o-cha, Prime Minister and Minister of Defense revealed yesterday that Thailand’s economy was damaged by the COVID-19 outbreak and may need six to nine months to recover. The government is preparing for gradual recovery and preparing citizens to adopt a “new normal” for the time being. He further said that last week he met with multiple businesses and was directly informed of the impact on business activity and given suggestions. The PM promised the government will use the advice from members of the private sector but may need some time to proceed especially with soft loans for business owners affected by COVID-19.

As for the letters to the 20 richest citizens that the Prime Minister sent several weeks ago to ask for assistance and thoughts on relaunching the Thai economy, the PM said he received answers from all of them. Most of the answers advised urgent aid for less fortunate people. The twenty citizens will cooperate with the government to help it rebuild the economy and support members of the public.

The PM praised and thanked all of them for being part of the recovery, saying the Thai government itself will work at its maximum as well.

The preceding was a press release from the Thai Government and National News Bureau of Thailand.

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Adam Judd
Mr. Adam Judd is the Co-owner of TPN Media since December 2017. He is originally from Washington D.C., America, but has also lived in Dallas, Sarasota, and Portsmouth. His background is in retail sales, HR, and operations management, and has written about news and Thailand for many years. He has lived in Pattaya for over nine years as a full-time resident, is well known locally and been visiting the country as a regular visitor for over a decade. His full contact information, including office contact information, can be found on our Contact Us page below. Stories please e-mail About Us: Contact Us: