On August 18, 2024, Paetongtarn Shinawatra was sworn in as Thailand’s new prime minister , making history as the country’s youngest leader at 37 years old. She replaces Srettha Thavisin, who was removed from office following a court ruling that found him guilty of an ethical violation. Paetongtarn, representing the Pheu Thai Party, becomes the third member of her influential family to hold the prime minister’s position, following in the footsteps of her father, Thaksin Shinawatra, and aunt, Yingluck Shinawatra.
Political Background and Challenges Ahead
Thailand new prime minister entered politics with the Pheu Thai Party, leveraging her family’s political legacy but pledging to forge her own path. Her party regained power by forming a coalition government, which included former military-linked parties that had previously opposed her family’s influence. While Paetongtarn emphasizes unity and innovation, she faces significant challenges in balancing the coalition’s priorities and overcoming lingering political tensions in the country.
Economic Impact and Policy Direction
The new prime minister has highlighted economic stimulus as one of her key goals. A major policy under discussion involves distributing a 10,000-baht cash handout (around $275) to citizens to boost local spending. However, this proposal has sparked debate over funding sources and the long-term economic impact. Paetongtarn’s administration is also focused on healthcare reforms and promoting Thailand’s cultural exports through “soft power” initiatives to strengthen the economy.
Legal and Political Controversies
The Shinawatra family has a history of political controversy, with both Thaksin and Yingluck previously ousted by military coups. Although Paetongtarn insists she will govern independently, her father’s influence remains a contentious issue. Thaksin’s recent return to Thailand after years of exile has added complexity, fueling both hope for reconciliation and concerns about old political divisions resurfacing.
Paetongtarn’s ability to navigate these challenges will be critical for the stability of her government and the economy. As Thailand prepares for key reforms and economic recovery efforts, her leadership will play a decisive role in determining whether the country can overcome its political legacy and set a new course for the future.
Sources:
- The Independent
- Nation Thailand