41.   But the corporate restructuring is seen by policymakers as the next step in the rehabilitation process of the Thai economy.

42.   But in the past year, the once-booming Thai economy has foundered in the Asian financial crisis and the government is short of cash.

43.   But the Thai economy is heading toward a complete meltdown if the deterioration is not arrested.

44.   But with the current liquidity problem throughout the Thai economy, foreign investors are coming in droves to invest in the English press.

45.   Chuan said on the sidelines of an International Rubber Marketing Conference that the recent strength of the baht showed confidence in the Thai economy.

46.   Chavalit also met with Michel Camdessus, managing director of the International Monetary Fund, which is administering the rescue plan for the battered Thai economy.

47.   Chuan has predicted that the Thai economy, the first to fall in the financial and market crisis rocking Asia, could bottom out next year.

48.   Consequently the Thai economy will get a direct injection of additional foreign financing, and liquidity will improve.

49.   Deputy Prime Minister Supachai said the IMF should understand that its programme was causing a greater contraction of the Thai economy than the fund realised.

50.   Development of infrastructure is a key to strengthening the Thai economy in the future, he suggested.