Bangkok, Analysts believe that “Pichai” will sit as Finance Minister to solve 3 problems: “Digital Wallet money – household debt – diesel excise tax” to support the investment atmosphere.
Mr. Nattawut Wongyaowalak, Director of Research at Globlex Securities, gave an interview on the Investment Minutes program, Channel 9MCOT HD, about the cabinet adjustment 1/1, with Mr. Pichai Chunhavajira accepting the position of Deputy Prime Minister. And the Minister of Finance sees that for those accepting the position of Finance Minister this time, there are 3 challenges, namely financing the 10,000 baht top-up project via Digital Wallet, the problem of household debt remaining stable at a high level. and the problem of diesel excise tax that requires additional funds. Mr. Pichai has experience and expertise in working for a long time. and is also a processor PTT from state enterprise Become a listed company This makes many parties see that there is hope that all three matters can be resolved in a good direction and i
s a positive sentiment for the stock market today.
As for the case of the Royal Gazette, published on 26 April 2024, regarding the Budget Expenditure Act for the fiscal year 2024, effective from 1 October 2023, the total budget amount is 3.48 trillion baht. It is the median budget of 614 billion baht. It can be seen that the main thing will be the payment of salaries to civil servants. and national development as a whole does not focus on any specific group. It is expected that when the Budget Act is passed It will have a positive impact on the construction group. Because it is one of the things that stimulate economic growth (GDP).
Source: Thai News Agency