OECD forum discusses greenhouse gas reductions

Paris, June 9 - The OECD ministerial forum joins to build economic immunity, discuss reducing greenhouse gas emissions. tax restructuring recovering from COVID-19 Advise to maintain fiscal discipline, reduce capital assistance

Mr. Arkhom Termpittayapaisith Minister of Finance Attend a ministerial meeting of the Organization for Economic Cooperation and Development (OECD) between 7 – 8 June 2023 in Paris, the French Republic as a Non-Member, a national partner To discuss economic trends of OECD member countries, the meeting focused on building economic immunity. Support to face many challenges and promote equitable and inclusive economic growth. Recommend each country to control inflation at a high level, while recommending to maintain fiscal discipline. by reducing unnecessary financial aid groups

The meeting viewed that sustainable economic development in the future Emphasis should be placed on taking advantage of technology. To aim for net zero greenhouse gas emissions (Net Zero) to preserve and restore the environment. by the Minister of Finance said in a statement that Thailand has set a goal to achieve Net Zero by the year 2065 by using the main policy BCG Economy Model and the Ministry of Finance has used monetary and fiscal tools to support the goal. such as tax measures to reduce greenhouse gas emissions Promotion of investment in electric cars government sustainability bonds, etc., and proposed to support the use of technology to accelerate Net Zero goals. Including Thailand welcomes Supporting and cooperating with the OECD in many areas in the future.

In this regard, participated in sub-group discussions on tax and development issues. to discuss the current situation of international taxation Guidelines for increasing transparency in developing countries and strengthening of international tax capacities. to earn more income to restore the economy after COVID-19 .-Thai News Agency

Source: Thai News Agency