The recent floods had caused about 1.3 trillion baht in damage to the country, Prime Minister Yingluck Shinawatra said on Thursday.
In a speech “Roles of the Public and Private Sectors in Maintaining National Security” given to students at the National Defence College of Thailand, Ms Yingluck said the flood damage is so huge that it severely affected the production sector.
“But the government will rapidly stimulate the economy in order to restore confidence of investors and boost economic expansion,” she said.
Ms Yingluck said the government had set up two strategic committees for rebuilding the country and future development and for water resources management.
The government will try its best to enable the production sector to resume production lines as soon as possible. It will also learn more about the new forms of natural disasters in order to timely and accurately forecast and warn people about possible situation they would face, she added.
Operation plans for any emergency situation must be in place, said the prime minister.
In addition, the government will boost economy of all villages through its SML village fund, which would help strengthen the rural communities, she added.
The global situation has been rapidly changing and has negative impact on national security as a result. All sides must join forces in bringing about sustainable stability of peace to the country, said Ms Yingluck.
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