Thailand Government to create economic recovery center to help rehabilitate economy after Covid-19


The Thai Government is planning to create an economic recovery center with the intention of helping to rehabilitate the economy after the negative impact of the Covid-19 Coronavirus.

The plan was proposed by the private business sector, which Prime Minister Prayut Chan O’Cha agreed with.  The center will run similar to the current Center for Covid-19 Situation Administration (CCSA), which has managed the Covid-19 Coronavirus in Thailand for the past several months. By most viewpoints, this has been done successfully from a pure virus perspective, with no confirmed locally spread cases recorded in over 45 days as of this morning in Thailand.  The economic recovery center will be chaired by Prime Minister Prayut Chan O’Cha, as is the CCSA, also.

The decision was made at a meeting yesterday afternoon which included not only Prime Minister Prayut, but also prominent officials with the finance ministry, Thai Chamber of Commerce, Bank of Thailand and the National and Social Development council.

Kalin Sarasin, who is the chairman of the Thai Chamber of Commerce, stated the center was proposed to better be able to coordinate a single effort to recover the Thai economy in the vein of the CCSA.  He said that officials believe that by coordinating efforts for financial recovery will be effective similar to the methods used by the CCSA to disseminate information from a single source.

The exact date of the creation of this team, as well as who will be on it besides the Prime Minister, will be decided by the relevant agencies that attended yesterday’s meeting. The date has not yet been set.

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