New Thai Prime Minister scrutinizing US$14bil cash handouts


Thailand's Prime Minister Paetongtarn Shinawatra speaks during a press conference at the Pheu Thai party headquarters following a royal endorsement ceremony in Bangkok, Thailand, Aug 18, 2024. – Reuters

BANGKOK: Thailand’s key economic stimulus – almost US$14 billion in cash payments to its citizens – will need further study to ensure compliance with the nation’s fiscal discipline law, newly appointed Prime Minister Paetongtarn Shinawatra said.

The change in economic condition is prompting further assessment and reviews, Paetongtarn, 37, told reporters Sunday (Aug 18). She was responding to reports that her father Thaksin Shinawatra is demanding that the new government drop the Pheu Thai party’s flagship policy during the election campaign last year.

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