New Thai PM Paetongtarn vows to stimulate the economy ‘right away’

Thailand’s Prime Minister Paetongtarn Shinawatra said on Saturday her new government will seek to stimulate the economy “right away” and will continue with the policies of former premier Srettha Thavisin.

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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.

  

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