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Thai junta-backed PM appoints key Thaksin aide to economic team


Published :
Thu, 15 Feb 2007 05:33
By : Agencies
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BANGKOK (XFN-ASIA) - Thailand's army-installed government has appointed a former deputy to ousted prime minister Thaksin Shinawatra to lead a new economics team to boost sagging business confidence in the country.

Minister Surayud Chulanont named Somkid Jatusripitak to head a new nine-member commission tasked with explaining Thailand's new economic policies, especially to international investors whose confidence has been badly shaken since the coup.

'The duty of this commission is to create a better understanding and provide correct information on Thai economic policy to state and private agencies, the media, as well as academic institutions overseas,' Veerachai Veerametheekul, deputy secretary to Surayud, told Agence France-Presse.

'He will report directly to prime minister Surayud but he has no authority to map out economic policy, only to clarify and improve the understanding of the government's economic policy -- particularly the 'sufficiency economy,'' he said.

Somkid was a deputy prime minister under Thaksin charged with heading up economic policy. He resigned from Thaksin's Thai Rak Thai party after the coup and has kept a low profile since then.

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