Thailand’s economic trajectory faces heightened uncertainty as competing political factions struggle to form a stable government, a process that might yield a short-lived administration. Economists warn that the ongoing power struggle could undermine growth momentum and increase the likelihood of more aggressive reductions in borrowing costs. n nLast week’s decision by the Constitutional Court to remove Prime Minister Paetongtarn Shinawatra over allegations of ethical violations plunged the nation into political disarray. Since then, two opposing coalitions have been maneuvering to install a new leader, each attempting to secure backing from a key political group advocating for early elections—potentially within a matter of months. This volatile environment complicates policymaking and casts doubt on the continuity of economic initiatives. n
— news from Bloomberg.com
