Thai PM rules out resigning as protesters move to oust him

An anti-government protester waves a Thai national flag during a rally outside the Government House in Bangkok May 17, 2014. REUTERS/Chaiwat Subprasom

BANGKOK (Reuters) - Thailand's acting prime minister on Monday ruled out resigning as a way out of a protracted political crisis that is stunting economic growth, as anti-government protesters stepped up pressure to remove him and install a new administration.

Thailand is stuck in political limbo following the dismissal of Prime Minister Yingluck Shinawatra and nine of her ministers on May 7 after a court found them guilty of abuse of power.