Thailand’s pro-democracy parties faced built-in obstacles to forming a government even before a historic win in Sunday’s general election. Now that resistance is starting to take shape, making investors wary of a protracted political uncertainty.
Move Forward Party (MFP) leader and prime ministerial candidate Pita Limjaroenrat, whose party won the most seats in Sunday’s election, said on Thursday that the coalition has expanded to eight parties with 313 members. While that is a clear majority among elected lawmakers in the 500-member House of Representatives, it is short of the 376 that is needed for the bloc to form a government without needing votes from the 250-member, military-appointed Senate, which also gets to decide the prime minister in a joint sitting.
