By Patpicha Tanakasempipat A Thai court will this week decide if the Southeast Asian nation will continue business as usual or be tipped into a renewed period of political uncertainty when it assesses whether Srettha Thavisin should continue as prime minister.
A Thai court will this week decide if the Southeast Asian nation will continue business as usual or be tipped into a renewed period of political uncertainty when it assesses whether Srettha Thavisin should continue as prime minister.
The nine-member court voted six to three to accept the petition for consideration, while voting five to four against suspending his duties in the meantime. With the verdict due to be read out at 3 p.m. local time on Wednesday, here’s how the situation could play out:A favorable court ruling for Srettha would simply mean business as usual for Southeast Asia’s second-largest economy, as it eliminates any immediate risk for his coalition government.
Given Srettha wasn’t suspended while the court deliberated the case in the first place, he is then free to focus on rolling out the government’s about $14 billion cash handout program to boost consumption and stimulate the economy. The success of the program will decide the popularity of his government and the ruling Pheu Thai Party, which has seen its approval rating decline in recent months.
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