Kittiratt pledges govt will tackle high cost of living

Published on May 8, 2012 by TFP   ·   No Comments

BANGKOK, 8 May 2012 – Deputy Prime Minister and Minister of Finance Kittiratt Na-Ranong has vowed that the government will not exacerbate the high cost of living and measures to assist the people will be imposed.

Mr. Kittirat talked to the press on Tuesday at Government House about the pressing problem of soaring product prices. He said information from the Commerce Ministry’s food price survey at markets across Bangkok would be compared and analyzed in order to find ways to help the people.

The minister said the overall picture showed that all products, including fresh vegetables and pork, had stable prices compared with last year. The current average pork price of 120 baht per kilogram and the price of lime of eight baht per kilogram were considered normal, Mr. Kittirat said.

Prime Minister Yingluck Shinawatra has instructed the Minister of Commerce to thoroughly check product prices from the upstream to the downstream. If the upstream products are more expensive than the downstream, price hikes are inevitable.

The deputy premier confirmed the government would not make the situation worse and would continue monitoring crude oil price and inflation closely.

(NNT : Chindarat Bovornboriharn)

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