Days after being elected as Thailand’s youngest-ever prime minister, Paetongtarn Shinawatra threw cold water on a policy question that had been simmering for months.
At a press conference soon after she got the position, Paetongtarn said that a $14 billion stimulus plan, a major campaign pledge from her predecessor, needed further review to see whether it complied with the country’s laws on fiscal discipline. It’s the latest stumble in Thailand’s drive to juice consumption in its economy, faltering under a weaker-than-hoped tourism recovery and slower manufacturing.
