AN EXCERPT OF THE ROYAL SPEECH IS GIVEN BELOW:
"...The Prime Minister (Mr. Chuan Leekphai, in the position from 1997 to 2001) has mentioned my various activities, such as what I said last year, about the sufficiency economy. The term sufficiency economy does not exist in the textbooks; there has never been a sufficiency economy. There are other terms but not this one. Last year, I spoke about sufficiency economy because I could not find other terms. I also added that 50 per cent of its application, that is, not completely, or even only 25 per cent, would be enough.