Bangkok: Rachen Trakulwiang, a Member of Parliament and leader of the New Alternative Party, has expressed his support for the government's plan to borrow 400 billion baht to stimulate the economy. He emphasized the necessity of borrowing in light of the current economic challenges facing Thailand. Rachen also called for a reassessment of the country's free visa program following a recent incident involving a Chinese national found with weapons and explosives, suggesting potential security threats.
According to Thai News Agency, Mr. Rachen spoke after a meeting of the New Alternative Party's executive committee. The meeting focused on the party's strategic direction for the remainder of the year, including plans to expand its branches and conduct by-elections. Mr. Rachen highlighted the ongoing economic hardship affecting Thai citizens and noted that borrowing is a common practice for governments worldwide, particularly in times of economic distress. He argued that the global economic slowdown and conflicts in the Middle East have significantly impacted Thailand, necessitating the 400 billion baht loan.
Mr. Rachen detailed that the loan will be distributed in three installments, each funding economic stimulus initiatives such as the "Half-Price" scheme. This plan aims to increase consumer spending, provide liquidity to small businesses, and support lower-income citizens. He stressed the importance of using the borrowed funds effectively to drive economic recovery and urged collaboration among various sectors to restore public and investor confidence.
On the topic of national security, Mr. Rachen addressed concerns over transnational crime, linking it to the free visa policy that facilitates foreign entry into Thailand. He pointed to a recent case involving a Chinese national found with a stockpile of weapons and explosive devices, suggesting it posed a serious threat to national security. Mr. Rachen called for a review of the visa-free policy and advocated for improved screening systems to prevent criminal activities.
Additionally, Mr. Rachen highlighted the issue of arms trafficking, acknowledging the involvement of some government officials. He commended Prime Minister Anutin Charnvirakul's efforts to enforce strict firearm control policies but insisted on further enhancing security measures to combat arms smuggling and violent groups.
Mr. Rachen concluded by emphasizing the dual challenges of economic and security issues facing Thailand and stressed the government's responsibility to address these problems decisively to ensure the safety and confidence of its citizens.