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Thailand's Prime Minister Paetongtarn Shinawatra reads the policy statement at parliament in Bangkok, Thailand, Thursday, Sept. 12, 2024. Paetongtarn appeared Parliament for the first time to lay out how her government envisions to improve the country. (AP Photo/Sakchai Lalit)

Thailand's slumping economy is new leader Paetongtarn's focus in her first parliamentary speech

Thailand’s new Prime Minister Paetongtarn Shinawatra, the daughter of former Prime Minister Thaksin Shinawatra, vowed Thursday in her inaugural speech to Parliament to continue many of her predecessor’s plans to solve the country’s economic woes

By JINTAMAS SAKSORNCHAI
Published - Sep 12, 2024, 01:22 AM ET
Last Updated - Dec 16, 2024, 07:19 PM EST

BANGKOK (AP) — Thailand’s new Prime Minister Paetongtarn Shinawatra vowed Thursday in her inaugural speech to Parliament to continue many of her predecessor’s plans to solve the country’s economic woes.

Paetongtarn, the leader of the ruling Pheu Thai Party and daughter of former Prime Minister Thaksin Shinawatra, took office last month after a court ousted Srettha Thavisin from his post over an accusation that he had violated an ethics law by appointing a Cabinet member who had served time in prison in connection with a bribery case.

Pheu Thai formed a government headed by Srettha after members of the conservative Senate refused to endorse the prime minister nominated by the progressive Move Forward Party, which won the most seats in last year’s general election.

Thailand is facing several economic challenges and Paetongtarn said Thursday her government will urgently address the issues of high household debt, the rising cost of living and lagging incomes “to bring the hope of Thai people back as soon as possible."

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