Post by account_disabled on Dec 26, 2023 1:10:34 GMT -8
The Chamber of Commerce reveals the private sector confidence index is beginning to recover but remains low. He acknowledged that he needed to stimulate the economy within the third quarter, fearing that it would affect the layoffs of workers, Mr. Thanawat Phonwichai, President of the University of the Thai Chamber of Commerce. and Chairman of the Advisory Center for Economic and Business Forecasting revealed that the Thai Chamber of Commerce Confidence Index for June 2020 adjusted to 31.5, an increase from May at 31.3, but still lower than 33.3, which is a likely level. However, this is the first move in 14 months from May 2019. However, the index is still below 50 in every item except the index in the border trade sector. that has improved The private sector is also concerned about the economy from the COVID-19 outbreak.
Therefore, a factor that will help build confidence is the government hastening to issue measures. Accelerate the implementation of the economic recovery budget into the system as quickly as Phone Number List possible within the third quarter and measures to build confidence in public spending. Entrepreneurs agree that the government must expedite measures to stimulate the economy. In particular, the 100,000 million baht amount approved by the Cabinet (Cabinet) if government projects can be accelerated to more areas. Most of which are in the agricultural sector, creating jobs in the system in the area. It will help stimulate the economy to expand by an additional 0.3-0.5%.However, if there are 2 lot measures, an additional amount of 100,000 million baht to stimulate the economy. Including the government's tourism stimulation project with a budget of 20,000 million baht and the private sector issuing additional measures.
Both the Sharing Suk Project The Travel Bubble Project includes the total amount of money that has gone into stimulating the economy. 250,000-350,000 million baht is believed to stimulate the economy to expand to 0.6 - 1%. In addition, if the 4th quarter there will be an issue of the 2021 budget that can be allocated quickly according to the budget framework. Including budget spending for 2020 in the 3rd quarter, it is expected that the Thai economy will be able to recover in the 4th quarter and support the Thai economy from collapsing. But if there is no economic stimulus in the 3rd quarter or there is a delay in implementation. There are no measures to assist SM's financial liquidity. You will see a picture of the layoff of millions of workers. There is a situation of bad debts or NPLs among SME entrepreneurs. Household debt is increasing.
Therefore, a factor that will help build confidence is the government hastening to issue measures. Accelerate the implementation of the economic recovery budget into the system as quickly as Phone Number List possible within the third quarter and measures to build confidence in public spending. Entrepreneurs agree that the government must expedite measures to stimulate the economy. In particular, the 100,000 million baht amount approved by the Cabinet (Cabinet) if government projects can be accelerated to more areas. Most of which are in the agricultural sector, creating jobs in the system in the area. It will help stimulate the economy to expand by an additional 0.3-0.5%.However, if there are 2 lot measures, an additional amount of 100,000 million baht to stimulate the economy. Including the government's tourism stimulation project with a budget of 20,000 million baht and the private sector issuing additional measures.
Both the Sharing Suk Project The Travel Bubble Project includes the total amount of money that has gone into stimulating the economy. 250,000-350,000 million baht is believed to stimulate the economy to expand to 0.6 - 1%. In addition, if the 4th quarter there will be an issue of the 2021 budget that can be allocated quickly according to the budget framework. Including budget spending for 2020 in the 3rd quarter, it is expected that the Thai economy will be able to recover in the 4th quarter and support the Thai economy from collapsing. But if there is no economic stimulus in the 3rd quarter or there is a delay in implementation. There are no measures to assist SM's financial liquidity. You will see a picture of the layoff of millions of workers. There is a situation of bad debts or NPLs among SME entrepreneurs. Household debt is increasing.