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Pattaya Daily News

10 February 2008 :: 12:02:35 pm 28969

PM Samak: I‘M The Leader of the Country. I Run this Country. I Have My Own Thinking

Cabinet to review capital reserve, govt policy BANGKOK, Feb 10 Thailand‘s newly appointed cabinet ministers meeting Tuesday will discuss whether the 30 per cent foreign capital reserve requirement should be retained, altered or scrapped, as well as review the draft government policy, Prime Minister Samak Sundaravej said Sunday.
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In his first weekly radio program after his six-party coalition government took office Thursday, Mr. Samak said the cabinet would discuss the two issues at its weekly meeting on Tuesday.

The 30 per cent foreign capital reserve requirement was imposed by the Bank of Thailand (BoT) in December 2006.

BoT governor Tarisa Watanagase has said the central bank has no plan to waive the requirement as the Thai currency, the baht, is still moving with volatility, and the BoT also wants to monitor foreign capital inflows before taking any action.

The draft of the government policy was completed Saturday and is scheduled to be submitted to members of the House of Representatives on February 18. (TNA)

PM Samak insists he isn’t nominee of ousted premier Thaksin

BANGKOK, Feb 9 Thailand’s newly appointed Prime Minister Samak Sundaravej reasserted Saturday that he was not a nominee of ousted prime minister Thaksin Shinawatra.

Admitting that he had a close relationship with Mr. Thaksin who was ousted in a bloodless coup on Sept 19, 2006, Mr. Samak told CNN during an interview that he is the Prime Minister not puppet of anyone.

“I’m the leader of the country. I run this country. I have my own thinking,” he said.

Mr. Samak gave an interview with Dan Rivers of CNN’s Talk Asia programme.

He also said Mr. Thaksin, who has been living in self-imposed exile overseas since the coup, had given valuable advice to his party’s economic advisory team.

Mr. Samak is the leader of People Power Party which supports Mr. Thaksin.

When asked whether he could guarantee that the military would not stage a fresh coup while he also serves as defense minister, Mr. Samak said he could not guarantee that it would not happen.

The interview programme will be rerun late Saturday and again Sunday.

Reporter : PDN staff   Photo : Internet   Category : Politics News

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