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The Thai government is preparing to announce urgent economic measures during a parliamentary session on April 9-10, aimed at enhancing growth and alleviating living costs. Prime Minister Anutin Charnvirakul focuses on a comprehensive economic policy that includes all segments of society.
Diesel prices in Thailand have surpassed <strong>50 baht</strong> per liter, leading to increased costs in vital sectors such as transport, tourism, and agriculture. This rise has prompted many Thais to cancel or reduce their travel plans during the <strong>Songkran</strong> holiday.
Thailand's Prime Minister, Anutin Charnvirakul, has apologized for the mismanagement of the fuel crisis in the country, attributing the prolonged disruptions to the ongoing war in the Middle East. This announcement was made during a press conference in Bangkok, where he revealed plans to lift the fuel price cap to alleviate shortages.
The Thai central bank has announced a wait-and-see monetary policy, indicating that lowering interest rates may not effectively address the oil shock stemming from the Middle East situation. The bank also left the door open for tightening monetary policy if inflation pressures persist.