Society
July 21, 2020
Thailand Deputy Prime Minister Songji, Minister of Finance, Utama, and other teams in charge of economic affairs resigned, triggering the reorganization of the Bayu Cabinet, adding uncertain factors to the road of economic recovery and political power in Thailand's crown disease.Thailand's crown disease has become stable. In recent months, the government launched a series of aid supporting supporting the economy. The Treasury Minister resigned at this time to spread the market uneasily.In addition, because this is the result of the internal fighting of the governing alliance, the next political struggle may weaken the government's efficiency of resistance and revitalizing the economy.
Thailand had not had local infection cases for 50 consecutive days, but two foreigners who entered the country last week confirmed.They have no need to isolate for exemption. They have visited Bangkok and Luo Yong's house in many places, causing hundreds of Thai people to be separated by themselves, causing dissatisfaction with local people's concerns and anti -epidemic control.The Prime Minister of Thailand apologized for this.Thailand had originally relaxed the restrictions on the immigration of foreigners in order to revitalize the tourism industry; now that the government has decided to tighten restrictions because of concerns about the rebound of the epidemic.
Thailand's economy is highly dependent on tourism, manufacturing, industry and agriculture.The tourism industry contributed 20%of the GDP in Thailand in 2019. The government originally expected that its proportion would grow steadily in the next few years, reaching 30%in 2030.Now the crown disease is coming suddenly, countries have closed their borders, and Thailand's tourism industry has been greatly affected.Local media reports that even though Thailand's tourism industry has made more than 1 million layoffs for cutting costs, it is expected that one -third of the operators in the second half of this year will close due to exhaustion of funds.
The previous Sino -US trade war and political uncertainty for several years have led to the gradual slowdown in Thailand's economic growth.Thailand ’s GDP increased by 1.6%year -on -year in the fourth quarter of last year, and below 2.6%of the third quarter.In 2019, the year's economic growth was 2.4%, the slowest growth rate in the five years; the first quarter of this year has shrunk by 1.8%due to the crown disease epidemic.The Central Bank of Thailand is expected to shrink 8.1%throughout the year this year, the largest decrease.The main reason is that global demand is weak. Thai products and service exports have shrunk 3.4%year -on -year in the fourth quarter of last year. The first quarter of this year will deteriorate to 6.7%. It is expected to be 8%of the whole year this year. This depends on industry, manufacturing and agriculture.The Thai economy is a big blow.
Faced with such a harsh economic environment, the Thai government launched a series of stimulus supporting facilities.The Thai government earned a debt of 1 trillion baht (S $ 43.7 billion) to alleviate the impact caused by the epidemic, and 400 billion baht will invest in the economic use.The cabinet has approved the project with a total value of about 92.4 billion baht to boost the consumption and tourism industry.The resignation of economic affairs leaders of these plans has caused the prospects of these plans to be unclear.
Utama was originally the leader of the party's largest party citizenship party.The party had a power struggle earlier. The Utama faction was lost. Vice Prime Minister Bavi was elected as the party leader. Utama and others resigned from the cabinet.In addition to Songji and Utama, the Minister of Energy Sattola, Higher Education, Scientific Research and Innovation Minister Su Wei, and the Secretary -General of the Prime Minister Cosa.They are the economic affairs team of Ba Yu's heavy, and how much the plan to revitalize the economy now will still be unknown.Candidates outside the system will still be introduced to take care of economic affairs, but the Citizenship Party will also recommend their candidates.This may affect Ba Yu's control of real power, although he has received more than half of the councils in the House of Representatives.
The challenges faced by the Bayu government are not small.In addition to the internal union, the state economy will be severely frustrated in the epidemic, which will increase the burden on the middle class. In addition, the northern farmers will still support the power of Daxin.EssenceAlthough the current government has been commissioned in the election, the election results and the formation of the Congress were distorted by the constitution of the military government before, and the legitimacy of governing has been unable to convince many voters.The Thai people's dissatisfaction with the reduction of political space and weak economy has made street demonstrations never interrupted.
In addition, the Thai party was still the largest opposition party in the Congress.The governing alliance means that the power struggle in the league will continue.The main Thai parties can win hundreds of seats in the election, but the constitution suppresses the number of seats that the large party can get allocated, and the small party can be divided into more seats. This is destined that the main party must win the small party to form a ruling alliance.Although this allows some kind of checks and balances in the ruling alliance, it is also destined that the long -term existence of power struggles is not conducive to governing efficiency.
