The government needs to accept the truth about the negative impact of its policy to suddenly raise the daily minimum wage to 300 baht nationwide, Democrat Party leader Abhisit Vejjajiva said on Wednesday.
"The opposition and critics warned the government about the effects of its wage policy last year but it chose to ignore them," said the opposition leader.
He said the government should not have refused a suggestion by the private sector to set up a temporary compensation fund to help small- and medium enterprises (SMEs) hit by the wage hike. The money needed to set up the fund would be far less than the budget for the rice price scheme.
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