Thai Prime Minister Prayuth Chan-ocha said on July 27 that his cabinetmay be reshuffled in September as the Government has come under pressureto deal with its weak economy.
According to Thai media, thereshuffle will be centred on economic positions amid the slow economicgrowth of Southeast Asia's second-largest economy in the first half ofthis year.
The Thai Prime Minister underscored that cabinetreform may not bring about immediate changes to the economy as thestagnation is the result of numerous factors.
Prayuth’sgovernment has held power since September 2014. The nation’s economyexpanded only 0.9 percent in 2014, the slowest growth in the last fouryears.
In the first two quarters of this year, steep fallsin exports hurt the Thai economy, coupled by the existing drought’sforecasted affect on the food production sector, making the country failto meet the revised economic growth target of 3 percent set by theCentral Bank.-VNA
According to Thai media, thereshuffle will be centred on economic positions amid the slow economicgrowth of Southeast Asia's second-largest economy in the first half ofthis year.
The Thai Prime Minister underscored that cabinetreform may not bring about immediate changes to the economy as thestagnation is the result of numerous factors.
Prayuth’sgovernment has held power since September 2014. The nation’s economyexpanded only 0.9 percent in 2014, the slowest growth in the last fouryears.
In the first two quarters of this year, steep fallsin exports hurt the Thai economy, coupled by the existing drought’sforecasted affect on the food production sector, making the country failto meet the revised economic growth target of 3 percent set by theCentral Bank.-VNA
