Overview

• Paetongtarn Shinawatra, Thailand’s youngest and second female prime minister, pledges to address economic issues including high household debt and the rising cost of living.
• Her administration plans to legalize and tax the informal economy, including casinos, to generate new revenue streams.
• Economists criticize the lack of detailed implementation timelines in her reform blueprint, stressing the need for clear execution strategies.
• A scaled-down stimulus package will prioritize vulnerable low-income groups, diverging from her predecessor's broader cash handout plan.
• Paetongtarn aims to ensure political stability and long-term economic growth by protecting small businesses and reforming the military and bureaucratic systems.