Showing 1 - 7 of 7
VAT hikes alone won't narrow deficit
Oped, Chartchai Parasuk, Published on 27/11/2025
» This article is not meant to attack Finance Minister Ekniti Nitithanprapas’s Medium-Term Fiscal Framework (MTFF) for the fiscal years from 2026 to 2030. It is meant to emphasise the fragility of a Thai fiscal position that requires multiple revenue enhancement measures.
Govt may not have stimulus plan tools
News, Chartchai Parasuk, Published on 16/10/2025
» Nowadays, governments around the world sound like movie production houses. They always come up with catchy slogans for their policies, like Donald Trump's Big Beautiful Bill.
Digital wallet scheme poses credit risk
Oped, Chartchai Parasuk, Published on 25/07/2024
» During the debate on the extra-fiscal budget for 2024 of 1.22 billion baht to fund the digital wallet (DW) scheme, the government presented the bright side of the figurative coin. This article will present the dark side of the scheme.
Will foreign investors still be wooed?
Oped, Chartchai Parasuk, Published on 28/12/2023
» This is my last article for 2023. Appropriately, I should write about the 2024 economic outlook but I have decided to postpone that to be the first article of 2024 as the analysis might be too unpleasant to digest right now. However, I will leave a "teaser" for readers to ponder over during the long holidays. As such, I am left with two choices: an article about informal debt -- I estimate outstanding debt to be over 400 billion baht and that it could have strong ties with grey money -- or an article about Thailand's ability to attract foreign investors, as our Prime Minister Srettha Thavisin travels all over the world to attract them. In the end, I opted for the latter.
Liquidity shortage a big risk for govt
News, Chartchai Parasuk, Published on 16/11/2023
» Liquidity is the most ignored issue in economics. Liquidity is considered to be like "oxygen" which is readily available when needed and, thus, has no intrinsic value.
Better options to govt's cash handout
Oped, Chartchai Parasuk, Published on 19/10/2023
» The 10,000-baht cash handout scheme has been under heavy criticism. More than 100 economists, led by two ex-Bank of Thailand governors, oppose the scheme that would bring more harm than good.
Govt must spend this B500bn wisely
Oped, Chartchai Parasuk, Published on 27/05/2021
» It is now official. An emergency decree authorising the Ministry of Finance to borrow money to solve the economic and social problems arising from the Covid-19 outbreak was published in the Royal Gazette on Tuesday. However, the authorised amount is 500 billion baht, not 700 billion baht as we had heard from various sources. The spending is divided into three categories: 30 billion baht for healthcare management; 300 billion baht for economic relief programmes, and 170 billion baht for economic recovery projects.