"Ramesh" reiterates his clear position. Do not agree with changing the law to reduce the independence of the Bank of Thailand. Upholding the principles of financial stability According to international principles that all over the world require central banks to be independent. Separate the use of power from the political side. Mr. Rames Rattanachaweng, spokesman for the Democrat Party (Democrat Party), discussed the news and opinions from the government side that said that the amendment Bank of Thailand (BoT) Act to reduce the independence of the National Bank. Please use it as a last resort. For its part, the party has followed this matter closely. This is due to a signal sent through the Pheu Thai Party leader who mentioned the Bank of Thailand as an obstacle in solving economic problems. Of course, such signaling believes that the party leader's subordinates must definitely find ways to meet their needs. Changing the law is another avenue that must be closely watched. which if an amendment is filed As fo r the Democrat Party, we definitely disagree. Because reducing the independence of the BoT will have a damaging effect on the country. The latest amendment to the BoT Act is already a good thing as it covers many parts in terms of independence. and to be transparent Create a check and balance between the political parties who use the money in accordance with correct principles and for the stability and security of the country's financial status. which is a universal principle throughout the world The powers of the central bank have been established to be independent. Clearly separate the use of power from the political side. Mr. Ramesh further said that The government is embarrassed. Displeased with the attitude of the Governor of the Bank of Thailand who protested against the digital wallet distribution project. This is the main policy of the government that is trying to push forward. But because the law is strong regarding the dismissal of BoT governors, the government cannot do anything arbitrarily. Beca use the law clearly states that In addition to retiring from office according to the term The Governor vacates office upon death, resignation or lack of qualifications. or has prohibited characteristics or the Cabinet has resolved to remove him with the advice of the Minister. Because of serious misconduct or malfeasance in performing duties or the Cabinet has resolved to remove him upon the advice of the Minister or the proposal of the Minister. By the advice of the BoT committee because of serious lapses in duty. or lack of ability by such resolution must clearly state the reason for dismissal Mr. Rames further said that the BoT Governor's honest opinions are expressed in good faith for the benefit of the country. To see the value of the national budget If the government deems that the BoT Governor's honest opinion is seriously dishonorable or even malpractice. Seriously failing in the duties or lacking ability I challenge the government to quickly remove it. Source: Thai News Agency
Latest News