| The new government expected to be led by the Pheu Thai Party is likely to brand itself as pro-change and pro-reform, and to encourage a "bottom-up" approach to development. It wants to set up a sovereign wealth fund by drawing international reserves from the central bank to invest in natural resources and energy - oil, diamonds and gold in Africa.
These ideas, partly formulated by Dr Olarn Chaipravat, the party's chief economic strategist, are seen as a continuation of those set by its predecessor, the now-defunct Thai Rak Thai Party..............................................Full Article: Source |