New Thai PM Paetongtarn vows to stimulate the economy ‘right away’
Thailand’s new prime minister is formulating policies that she said will give the country’s economy a boost
She held a special cabinet meeting earlier in the day to prepare policies that will be delivered at a 2-day meeting of parliament on Thursday and Friday that will mark the formal beginning of her administration.
Paetongtarn was elected prime minister by the country’s House of Representatives last month following the shock removal of Srettha by a court for ethical violations.
She said her government will mainly continue the policies of her predecessor with some adjustments. This includes tackling issues such as debt restructuring, supporting small and medium-sized enterprises as well as boosting the agricultural and tourism sectors.
“Our work will continue from Srettha’s government, particularly in stimulating the economy,” Paetongtarn said at her first press conference since her cabinet was sworn in by King Maha Vajiralongkorn a day earlier.
She did not directly address a question about potential adjustments to the government’s flagship digital wallet scheme or when it might be implemented. The scheme calls for 50 million Thais to each receive 10,000 baht (US$295) via a smartphone app.
