The Finance Ministry, the Bank of Thailand and state-owned banks will hold a meeting soon to find ways to help ease the hardship caused by the pandemic among individual borrowers, said Deputy Finance Minister Santi Promphat.
Adul: Wants to build momentum
Anti-government sentiment has advanced to such a point where a term has been coined to amplify the opponents disdain of the administration: Prayutocracy .
The suffix cracy was popularised by critics of the Thaksin Shinawatra government, who invented the term Thaksinocracy which, as one analyst put it, sums up governmental excesses. These included cronyism, conflicts of interest, irregularities and large-scale solidifying of political power.
The term was adopted by protesters to intensify their attack against Thaksin towards the end of his administration which was overthrown in September 2006 by a military coup headed by army chief Sonthi Boonyaratglin, who later became president of the Administrative Reform Council.