Thai Prime Minister Prayuth Chan-ocha said on July 27 that his cabinet may be reshuffled in September as the Government has come under pressure to deal with its weak economy.
According to Thai media, the reshuffle will be centred on economic positions amid the slow economic growth of Southeast Asia's second-largest economy in the first half of this year.
The Thai Prime Minister underscored that cabinet reform may not bring about immediate changes to the economy as the stagnation is the result of numerous factors.
Prayuth’s government has held power since September 2014. The nation’s economy expanded only 0.9 percent in 2014, the slowest growth in the last four years.
In the first two quarters of this year, steep falls in exports hurt the Thai economy, coupled by the existing drought’s forecasted affect on the food production sector, making the country fail to meet the revised economic growth target of 3 percent set by the Central Bank.-VNA
According to Thai media, the reshuffle will be centred on economic positions amid the slow economic growth of Southeast Asia's second-largest economy in the first half of this year.
The Thai Prime Minister underscored that cabinet reform may not bring about immediate changes to the economy as the stagnation is the result of numerous factors.
Prayuth’s government has held power since September 2014. The nation’s economy expanded only 0.9 percent in 2014, the slowest growth in the last four years.
In the first two quarters of this year, steep falls in exports hurt the Thai economy, coupled by the existing drought’s forecasted affect on the food production sector, making the country fail to meet the revised economic growth target of 3 percent set by the Central Bank.-VNA
