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Mixed expectations from new ministers as Srettha’s Cabinet gets to work

Mixed expectations from new ministers as Srettha’s Cabinet gets to work

25 Sept 00:04 Key points summarised by AI
  • Prime Minister Srettha Thavisin's new Cabinet faces scrutiny, particularly his decision to also hold the Finance portfolio, a first in 44 years, drawing mixed reactions.
  • Industry observers express concerns over Commerce Minister Phumtham Wechayachai's capacity to effectively lead crucial free trade negotiations and boost Thailand's declining exports.
  • Economists and former officials highlight major fiscal challenges, including the massive cost of the 10,000-baht digital wallet scheme, rising public debt, and the predicted necessity of future tax increases.
  • Warnings are issued against rapid wage hikes and costly infrastructure projects like the land bridge, with calls to instead accelerate existing high-speed rail developments.
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