1. Tarrin said, because it has prevented Clinton from proposing any short-term cures that involve spending more U.S. funds. 2. In a televised address, Tarrin said Bangkok Investment Pcl and Kiatnakin Finance and Securities Pcl would be allowed to reopen. 3. Last week, Tarrin said even the new, lower target could not be met. 4. Tarrin said the IMF and government agree that the Bank of Thailand needs to maintain its tight monetary policy. 5. Tarrin also said he asked Japanese banks to roll over their existing loans to Thailand, but that he did not request new loans. 6. Tarrin said all creditors of the failed companies will be treated equally. 7. Tarrin said Wednesday that international aid to Thailand had to continue to ensure full economic recovery of the country and region. 8. -- The government is prepared for the worst case scenario for the currency, Tarrin said, but declined to disclose possible emergency measures. 9. As for the resignation plan, Tarrin said he wanted the same team to continue helping him tackle the financial crisis. 10. Chaturon said the government should have paid more attention to liquidity problems while Tarrin said the tight fiscal policy was needed to restore confidence and solve the crisis. |