Treasury accelerates the promotion of Vayuphak Fund Thai ESG

Ministry of Finance, 'Pichai', Minister of Finance, accelerates the push for the Vayuphak Thai ESG Fund, preparing to propose to the Cabinet to help support the capital market after the index drops below 1,300 points. Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, said that after the Thai stock market index fell below 1,300 points today, he sees that investors are waiting for certain factors to become clear on the stock index at this level. He admitted that the Shot Sell measure helps support the market in another way because he sees that the Thai stock index has gradually adjusted. The Ministry of Finance has signed an adjustment to the guidelines of the Thai ESG Fund or Thailand ESG Fund (Thai Sustainable Mutual Fund) including the Vayuphak Fund, using the original conditions as the main principle to push for assistance to the capital market. For the adjustment of the GDP estimate for the country in 2024 from the current estimate of 2.4 percent growth, it is seen that there should be an improvement and make investors more confident. It is admitted that some investors are concerned about the Constitutional Court considering the position of Prime Minister, which has caused the implementation of economic policies to not progress. It is confirmed that no matter who becomes the government or the Prime Minister, Thai politics has been like this for a long time. Everyone who is in government is determined to take care of and help drive the economy to the fullest. Source: Thai News Agency