Review of 7,000 economic laws and regulations aims to create more business-friendly climate
(Photo: Pizarros via Wikimedia Commons)
The Thai government is preparing to reform more than 7,000 economic laws, initially focusing on 10 to 20 key statutes in an effort to reduce obstacles to doing business in the country.The goal is to improve government efficiency, reduce costs caused by redundant procedures and create a more investment-friendly economic environment, government spokeswoman Rachada Dhnadirek said on Wednesday.
Pakorn Nilprapunt, deputy prime minister for legal affairs, is overseeing the effort.
Ms Rachada said the government under Prime Minister Anutin Charnvirakul wants to shift the role of the state from a regulator to a facilitator, allowing businesses to operate more smoothly, with an initial focus on problems arising from subordinate legislation.
