Srettha is the first premier in more than four decades to also take the finance minister role. The former business tycoon and his core ministerial team face the task of jump-starting the economy amid rising interest rates and a slowdown in exports. Household debts are near record levels and farmers and small and medium enterprises are still reeling from the impact of the pandemic.
Thailand’s new Prime Minister Srettha Thavisin unveiled a cabinet line-up that sees him also assume the post of finance chief, a rare move as focus turns to his government’s plans to revive the economy.
Phumtham Wechayachai was appointed commerce minister, Pirapan Salirathavibhaga was named energy minister and Pimpatra Wichaikul will head the industry portfolio, according to a gazette notification on Saturday. Phumtham and Pirapan will also hold the positions of deputy prime ministers.
