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Thailand’s New PM Unveils Relief Plan, Sets January Deadline to Dissolve Parliament

The minority administration operates on a four-month clock set by a deal with the People’s Party.

Overview

  • Anutin Charnvirakul presented his policy agenda to parliament with a focus on quick cost-of-living relief and a tourism boost as growth slows under a strong baht and new U.S. tariffs.
  • The government will assist individuals with debt up to 100,000 baht and provide liquidity lines of up to 1 million baht for small businesses.
  • A 47 billion baht co-payment program will subsidize up to 60% of selected food and consumer goods for eligible citizens.
  • He reaffirmed a pledge to dissolve the House by January 31 under a four-month agreement with the People’s Party, with elections planned for March or April.
  • He outlined a diplomatic approach to the Cambodia border crisis and said he would seek a referendum on the current border memorandum while backing a vote to elect a charter-drafting assembly.