Bangkok: A new economic policy board has been established by a cabinet resolution to expedite the implementation of government policies in light of the Middle East's impact. Ms. Ratchada Thanadirek, Spokesperson for the Prime Minister's Office, announced the formation of the Economic Policy Committee. This committee is tasked with ensuring the government's key economic policies, which were presented to Parliament, are implemented continuously and effectively, adapting to the rapidly changing economic landscape.
According to Thai News Agency, the committee is instrumental in reviewing and scrutinizing economic policies across various sectors, including finance, fiscal policy, taxation, trade, investment, agriculture, transportation and logistics, tourism, energy, digital technology, and industry. It is also responsible for determining proactive measures to address the impacts of conflicts in the Middle East.
The committee is chaired by the Prime Minister, with Deputy Prime Ministers and Ministers of Transport, Finance, Foreign Affairs, and Commerce, as well as Mr. Pakorn Nilapraphan, serving as vice-chairmen. Other members include ministers from various key sectors, such as Tourism and Sports, Agriculture and Cooperatives, Digital Economy and Society, Energy, Interior, Labour, and Industry. Additionally, several high-ranking officials and industry leaders, including the Permanent Secretary of the Ministry of Interior, the Governor of the Bank of Thailand, and the President of the Federation of Thai Industries, are part of the committee.
The Secretary-General of the Cabinet and the Secretary-General of the National Economic and Social Development Council serve as members and secretaries, with the Director of the Fiscal Policy Office and the Deputy Secretary-General of the National Economic and Social Development Council acting as assistant secretaries.