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Thursday, 20 November, 1997, 13:03 GMT
Thai PM outlines government programme

The new Thai Prime Minister, Chuan Leekpai, says his government aims to restore economic stability in the country within six months to a year from now.

Outlining the government programme at the start of a two-day parliamentary debate, Mr Chuan said measures such as improving competitiveness and boosting industrial production would take up to a year to take effect.

Mr Chuan said that, in the short term, the government would settle the position of fifty-eight finance companies which have been suspended with bad debts of up to thirty-three billion dollars.

Correspondents say Thailand's troubled financialsector was largely responsible for its current economic problems.

From the newsroom of the BBC World Service


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