BANGKOK — Thailand’s newly appointed Prime Minister Paetongtarn Shinawatra announced on September 7 that her government will prioritize economic stimulation “right away,” aiming to build on the policies of her predecessor, Srettha Thavisin.
Paetongtarn, elected by the House of Representatives in August following Srettha’s unexpected removal due to ethical violations, held a special cabinet meeting to strategize for her upcoming policy address. This address will be delivered at a parliamentary session scheduled for September 12 and 13, marking the official start of her administration.
In her first press conference since being sworn in by King Maha Vajiralongkorn, Paetongtarn emphasized continuity in economic policy, promising to address issues such as debt restructuring, support for small and medium-sized enterprises, and enhancement of the agricultural and tourism sectors.
“We will continue the work started by Srettha’s government, focusing particularly on stimulating the economy,” Paetongtarn said.
However, she did not provide specific details regarding potential modifications to the government’s flagship digital wallet scheme, which aims to provide 10,000 baht (approximately S$380) to 50 million Thais through a smartphone application. Paetongtarn mentioned that part of the 450 billion baht handout plan would involve cash distribution, suggesting possible adjustments to the digital wallet initiative.
As the youngest daughter of former Premier Thaksin Shinawatra, Paetongtarn faces significant challenges. Her administration will need to navigate economic difficulties and potential legal hurdles, similar to those that led to Srettha’s dismissal. She is the fourth member of the Shinawatra family to become prime minister, with previous holders of the office having been removed by coups or court rulings.