Economics

Post-Coup Thailand Sees Economic Slump Putting Pressure on Junta

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Thailand’s government is under increasing pressure to overhaul the cabinet and bolster the economy as falling exports, eroding consumer confidence and a slump in manufacturing portend one of the region’s slowest expansions.

The finance ministry this week cut its forecasts for exports and gross domestic product growth for a third time this year. Prime Minister Prayuth Chan-Ocha, who seized power in a military coup in May 2014, has said he may reshuffle the cabinet, half comprising military personnel with little experience in their portfolios.