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The Latest Breaking News from Ekniti Nitithanprapas

Welfare card changes ‘left genuinely poor people behind’

People’s Party deputy leader Sirikanya Tansakun has strongly criticised the stricter eligibility criteria for the state welfare card programme, arguing that the tighter screening process has excluded many genuinely poor people from receiving assistance.

Bangkok Post

Stronger European links needed

Speaking at the National Press Council of Thailand on July 4, Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas gave one of the clearest recent statements of the government's economic thinking: Thailand is being hit by global shocks it cannot control and domestic weaknesses it can no longer defer. Investment,…

Bangkok Post

Ministry seeks to bridge economies at global summit

Thailand will champion its role as a "connected economy", helping to bridge a fragmented world at this October's International Monetary Fund-World Bank Annual Meetings, says Finance Minister Ekniti Nitithanprapas.

Bangkok Post

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Govt stability hinges on performance

When the Bhumjaithai Party-led coalition came to power after February's election, believed to be backed by Thailand's conservative establishment, it appeared to herald an unusually stable period after two decades of political volatility and turmoil. But less than four months into its four-year term, the government appears shaky and unable…

Bangkok Post

Appeal for energy reforms as oil prices still fluctuate

Global crude oil prices remain highly volatile due to geopolitical factors, underscoring the need for Thailand to urgently address its structural weaknesses, says Finance Minister Ekniti Nitithanprapas.

Bangkok Post

Ekniti: Act swiftly to avoid crisis

Thailand must act quickly to stem its mounting current account deficit before it spirals into a current account crisis, says Finance Minister Ekniti Nitithanprapas.

Bangkok Post

Energy reform 'must proceed'

Finance Minister Ekniti Nitithanprapas said the government would need to work more closely with the private sector on energy transition measures if the Constitutional Court decides to reject its 400-billion-baht emergency borrowing decree, stressing that energy reform is vital to economic security.

Bangkok Post

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Strong medicine for a sick economy

Listening attentively for 52 minutes to Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas' diagnosis of Thailand's deep economic malaise, one could easily have suffered a heart seizure. Fortunately, he used the analogy of a patient with cancer who must determine what treatments are required to cure the disease in…

Bangkok Post

Govt backs 2026 investment push

The government remains committed to making 2026 the "Year of Investment" despite a smaller share of capital expenditure in the 2027 fiscal budget, with plans to mobilise hundreds of billions of baht in public and private investment to support long-term economic growth.

Bangkok Post

Budget bill clears first reading

The House of Representatives on Thursday voted to advance the government's 3.788-trillion-baht national budget bill for the 2027 fiscal year, sending it to a 72-member special committee for scrutiny.

Bangkok Post

Finance minister presents B3.79 trillion deficit budget to parliament

The government and the opposition both expressed concern about Thailand's financial status when the finance minister presented his 2027 budget bill to parliament on Monday.

Bangkok Post

Court to rule on July 9 on B400bn borrowing decree

The Constitutional Court said ‌on Wednesday that it will ⁠issue its ‌ruling on the ⁠legality of the government’s 400-billion-baht emergency borrowing ‌decree on July 9.

Bangkok Post

Fast Pass scheme lifts nation's profile: PM

Prime Minister Anutin Charnvirakul has declared Thailand the most investment-ready country in the region following the launch of the Thailand Fast Pass programme on Tuesday, which is set to accelerate approvals and permits for investors.

Bangkok Post

Thailand aims for high-income status within 12 years, targets top-20 competitiveness by 2030

Thailand has set an ambitious goal of escaping the middle-income trap and attaining high-income status within the next 12 years, under targets announced after the inaugural meeting of the Joint Public-Private Consultative Committee on Monday.

Bangkok Post

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Govt launches new Thailand Fast Pass to give investors an easier ride

The government will launch the "Thailand Fast Pass" scheme on Tuesday to accelerate major investments by cutting approval times and easing regulatory bottlenecks, says Finance Minister Ekniti Nitithanprapas.

Bangkok Post

New committee seeks to create reform agenda

The government is preparing to establish a national reform agenda for the next four years, according to Finance Minister Ekniti Nitithanprapas.

Bangkok Post

IMD ranking boost sparks reform drive

Thailand's rise in the latest IMD World Competitiveness Ranking has prompted the government to build on its strengths and address structural weaknesses to support long-term economic growth.

Bangkok Post

Ekniti warns of energy risks despite US-Iran deal

Thailand has welcomed the ceasefire framework between the United States and Iran but warned that global energy markets could remain under pressure despite an easing of tensions in the Middle East.

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Bangkok Post

Cabinet extends e-withholding tax cut through 2027

The cabinet has approved an extension of the reduced e-withholding tax rate through 2027, which is expected to enhance business liquidity by roughly 27 billion baht.

Bangkok Post

Thailand joining tax information sharing system

The cabinet has approved Thailand’s participation in an international tax information exchange framework to support adoption of the OECD-led global minimum tax on corporations.

Bangkok Post

Mideast truce 'positive news'

Prime Minister Anutin Charnvirakul welcomed the reported ceasefire agreement between the United States and Iran, describing it as a positive development that could help ease global uncertainties and support economic stability.

Bangkok Post

Economy will recover, fuel prices may lag says finance minister

If the Middle East war ends, Thai and other world economies will start to recover but energy prices may not return to pre-war levels, Finance Minister Ekniti Nitithanprapas said on Monday.

Bangkok Post

Ministry to review welfare card rules

The Finance Ministry will review the eligibility criteria for the state welfare card scheme following concerns that some elderly parents have been unfairly disqualified after their children claimed tax deductions on their behalf, despite not providing any financial support.

Bangkok Post

Welfare rules need rethink

Without a clear understanding of its own policies, the government has turned an attempt to ensure that assistance reaches the "genuinely disadvantaged" into a bureaucratic weapon -- one that threatens to strain family relationships and pit parents against their children.

Bangkok Post

Welfare rules spark backlash

A wave of public criticism has erupted over the government's revised eligibility criteria for the state welfare card programme, under which parents may lose their entitlement to benefits if their children claim tax deductions for parental support.

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