Vision New's interest-free finance plan for Southern Border debt and Middle Eastern investment

MGR Online•Politics•266d ago

Reader Briefing

Vision New party champions an interest-free financial policy to alleviate public debt and attract Middle Eastern investment during campaign activities in Thailand's southern border provinces.

•Prawit Wongsuwan, leader of Vision New, visited Narathiwat and Pattani provinces in the southern border region.
•The party is promoting an 'interest-free finance' policy to address structural public debt.
•This policy aims to transform the creditor-debtor relationship into economic partnerships and attract investment from the Middle East.
•The initiative has reportedly received positive responses across various religious groups in the communities.

Overview

•Prawit Wongsuwan, leader of Vision New and former Secretary-General of the Central Islamic Committee of Thailand, led party candidates to meet the public in various sub-areas of Narathiwat and Pattani.
•Prawit Wongsuwan declared the party's clear stance to push the 'interest-free finance' policy as a new solution for public debt problems.
•Prawit Wongsuwan stated that public debt is a structural problem caused by an interest-based financial system that has long burdened grassroots people, farmers, and small entrepreneurs.
•Prawit Wongsuwan proposed the 'interest-free finance' concept to change the creditor-debtor relationship into an 'economic partnership' with fair profit and risk sharing.
•Prawit Wongsuwan believes Thailand has the legal framework and Islamic financial institutions ready to develop alternative financial systems, which could boost confidence for Middle Eastern investors seeking equitable and sustainable economic partnerships.
•Throughout the campaign visits, Vision New met with the public at various locations such as communities, villages, and vocational training centers, with approximately 200-300 people attending each session.
•The Vision New party aims to promote new representatives into parliament to seriously consider the 'interest-free finance' concept as a legislative option for nationwide debt relief.
•The proposed interest-free finance policy aims to benefit grassroots citizens, farmers, and small entrepreneurs struggling with chronic debt and interest burdens.

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Key Quotes

Prawit Wongsuwan

"Many Thais are not struggling because they are not diligent, but because they are trapped in exploitative interest cycles. Interest-free finance is not a religious matter, but one of fairness. If the system does not oppress people, they can stand up and develop their lives."

คนไทยจำนวนมากไม่ได้ลำบากเพราะไม่ขยัน แต่ลำบากเพราะติดอยู่ในวงจรดอกเบี้ยที่เอาเปรียบชีวิต การเงินไร้ดอกเบี้ยไม่ใช่เรื่องศาสนา แต่เป็นเรื่องความเป็นธรรม หากระบบไม่กดทับประชาชน คนก็สามารถลุกขึ้นยืนและพัฒนาชีวิตได้

Prawit Wongsuwan

"Capital is not lacking, but whether we dare to restructure. If the government opens up a system for interest-free finance to proceed, foreign capital is ready to join Thailand's development immediately."

เงินทุนไม่ได้ขาด แต่อยู่ที่เรากล้าปรับโครงสร้างหรือไม่ หากรัฐเปิดระบบให้การเงินไร้ดอกเบี้ยเดินหน้าได้ เงินทุนจากต่างประเทศก็พร้อมเข้ามาร่วมพัฒนาประเทศไทยทันที

Key Entities

Organization

Vision New(วิชชั่นใหม่)

A political party in Thailand advocating for interest-free finance.

Central Islamic Committee of Thailand(คณะกรรมการกลางอิสลามแห่งประเทศไทย)

An Islamic religious organization in Thailand, with which Prawit Wongsuwan previously served as Secretary-General.

Person

Prawit Wongsuwan(พิเชษฐ สถิรชวาล)

Leader of the Vision New party and former Secretary-General of the Central Islamic Committee of Thailand.

Place

Narathiwat(นราธิวาส)ℹ️

A province in Thailand's southern border region where Vision New held campaign activities.

Pattani(ปัตตานี)ℹ️

A province in Thailand's southern border region where Vision New held campaign activities.