New Thai PM Pursues Populist Policies Amid Economic Uncertainty
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After months of political turmoil, new Thai PM Srettha Thavisin appointed in August, boosting investor optimism.
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Thavisin plans populist policies like digital cash handouts, concerning some economists about impact on public debt.
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Thavisin described economy as "sick", wants to boost growth to 5% annually through stimulus measures.
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Delayed 2024 budget unveiling creates uncertainty around fiscal policy direction.
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Experts say Thavisin will likely pursue small military reforms to compromise with establishment.