Thailand's election-winning Move Forward party is committed to increasing welfare spending and the minimum wage while promoting growth by opening up the economy to competition and cutting corruption, its finance minister-designate said.
Southeast Asia's second-largest economy grew 2.6% last year as it made an uneven recovery from the COVID-19 pandemic. Thailand has lagged some regional peers like Vietnam and Indonesia for years, with its prospects at times undermined by political turmoil.
