New Thai PM's Reform Blueprint Lacks Specifics, Economists Say.

Thailand's new prime minister, Paetongtarn Shinawatra, has outlined a roadmap to address pressing issues such as household debt, slow economic growth, and an aging population. However, economists are concerned that the plan lacks specific details and time-bound outcomes. The government has yet to provide implementation timelines and finer details, leaving the public and financial markets eagerly awaiting more information. Political stability is seen as crucial for the government to follow through with its pledges, as the new prime minister faces legal petitions seeking her ouster. The immediate priority is to sustain a post-pandemic economic recovery, which has been slower compared to neighboring countries. The government plans to announce a cash handout to economically vulnerable individuals, but some economists argue that a focus on reforms and job creation would have longer-lasting effects. [Extracted from the article]