Ministries. Mr Santi preferred State Enterprise Policy Office director Prapas Kong-Ied.Gen Prawit and Mr Santi on Wednesday denied the conflict over the appointment had led to the sudden departure of Mr Predee, insisting that health concerns were the reason he stepped down.Mr Predee was hand-picked for the finance portfolio by the prime minister in a cabinet reshuffle fuelled by a revolt in Palang Pracharath that drove then-deputy prime minister Somkid Jatusripitak, then-finance minister Uttama Savanayana and then-energy minister Sontirat Sontijirawong out of the cabinet.Mr Uttama was forced to resign the party leadership, making way for Gen Prawit to take over.Palang Pracharath members argued that the cabinet quotas left vacant by the departures, including the finance ministry portfolio, should be returned to the party. Desc: The Ministry of Finance is a cabinet ministry in the Government of Thailand.Considered to be one of the country's most important ministries, the Ministry of Finance has many responsibilities over public finance, taxation, the treasury, government properties, operations of government monopolies, and revenue-generating enterprises.
Mr. Kittiratt Na-Ranong January 18, 2012 - May 7, 2014.
Reporting by Orathai Sriring, Panu Wongcha-um, Kay Johnson, Chayut Setboonsarng and Patpicha Tanakasempipat; editing by Martin Petty, Simon Cameron-Moore and Larry KingFILE PHOTO: Thailand's Finance Minister Predee Daochai attends a family photo session with new cabinet ministers at the Government House in Bangkok, Thailand August 13, 2020. Thai media said he wanted to quit for health reasons.His resignation was confirmed by an official announcement in the country's Royal Gazette.Earlier news that Predee had proffered his resignation prompted the stock market to fall as much as 0.9 per cent, but it had recovered by the close to stand less than 0.4 per cent down.Predee's departure would created uncertainty in policy-making as the government rolls out billions of dollars of stimulus to aid the economy through the pandemic.
BANGKOK (Reuters) - Thailand’s recently appointed finance minister, Predee Daochai, has resigned as the government struggles to pull Southeast Asia’s second-largest economy out of a slump caused by the coronavirus pandemic. Do you like the content of this article? Aekarach Sattaburuth, Mongkol Bangprapa and Wassana NanuamThank you for subscribing our enewsletter.
"We were hoping the minister would help with soft loan problems, but there may be no chance now," said Chairat Triratanajaraspon, president of the Tourism Council of Thailand.It was announced on Aug 6 that Thailand's king had approved Predee's appointment as finance minister.Predee was co-president of Kasikornbank before leaving the lender to join the Cabinet.He had worked for Kasikornbank for 38 years and graduated with law degrees from Thammasat University and a master’s degree in law from the University of Illinois.Though Thailand has so far reported only 3,417 coronavirus infections and 58 deaths from COVID-19 and has lifted most restrictions, its economy has been hit badly, in particular tourism.Thailand is forecast to record less than a fifth of last year's record 39.8 million visitors, whose spending made up about 11.4 per cent of GDP.
New Finance …
Roles and responsibilities of the Finance Ministry have been developed over time along with a series of the nationâs development schemes.
His resignation was confirmed by an official announcement in the country’s Royal Gazette. Mr. Apisak Tantivorawong August 19, 2015 - Present.
However, recently SEPO has been taking an active role in establishing key initiatives for privatisation through the identification of market structural reforms and the creation of independent regulators. Palang Pracharath will not interfere in the choice of the new finance minister, which will be decided by Prime Minister Prayut Chan-o-cha, party leader Prawit Wongsuwon said on Wednesday. Ministry of Finance - Thailand.
The Finance Ministry has received 18 documents that show evidence of corruption and mismanagement at Thai Airways. The ministry is also vested with the power to provide loan guarantees for the governmental agencies, financial institutions, and state enterprises. Thailand's prime minister said on Wednesday there would be no impact on economic policies and plans from the sudden resignation of the finance minister, whose replacement will be made at an appropriate time.
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The head of the ministry is the Minister of Finance (Thai: รัฐมนตรีกระทรวงการคลัง). The banking veteran took office just last month as Prime Minister Prayuth Chan-ocha shook up his economic team to address the drop in demand and the devastation suffered by the country’s vital tourist industry.
Ministry of Finance of Thailand | 124 followers on LinkedIn | Youthapoom Charusreni, Ph.D. Director of Macroeconomic Modeling and Forecasting Division at Ministry of Finance of Thailand Bank of Thailand expects gross domestic product to shrink 8.1% this year --the Finance Ministry is even more downbeat, predicting an 8.5% contraction -- … Mr. Arnooparp Charmikorn Advisor to the Minister of Finance. Administratively, the work is divided among 8 main agencies.
042/2019: ASEAN Finance Ministers’ Retreat: April 5, …
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