Thailand's Political Shift: Phumtham Wechayachai Takes Charge

Phumtham Wechayachai, Thailand's caretaker premier, will lead a governing coalition and caretaker cabinet meeting after a court dismissed Srettha Thavisin for ethics violations. Phumtham expressed concerns about the continuity of Srettha’s 500 billion baht digital wallet policy and the upcoming budget.

Phumtham Wechayachai, Thailand's caretaker premier, will convene the governing coalition and caretaker cabinet on Thursday to address issues following the court's dismissal of Srettha Thavisin for ethics violations.

Key among Phumtham's concerns is the continuity of Srettha's ambitious 500 billion baht digital wallet handout policy, alongside next year's budget planning.

Phumtham communicated his worries to local media outlets Matichon, Naewna, and Khaosod during an overseas trip. (Current exchange: $1 = 34.8700 baht)

(With inputs from agencies.)