New Thai Prime Minister Scrutinizing $14 Billion Cash Handouts
- Paetongtarn Shinawatra secured royal endorsement today
- Distribution of cash aimed at reversing economic slump
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Thailand’s key economic stimulus — almost $14 billion in cash payments to its citizens — will need further study to ensure compliance with the nation’s fiscal discipline law, newly appointed Prime Minister Paetongtarn Shinawatra said.
The change in economic condition is prompting further assessment and reviews, Paetongtarn, 37, told reporters Sunday. She was responding to reports that her father Thaksin Shinawatra is demanding that the new government drop the Pheu Thai party’s flagship policy during the election campaign last year.