Thai PM Srettha to take finance portfolio amid tepid economic growth

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The Southeast Asian country’s economy has been faltering due to weaker exports and investments.

Newly-elected Prime Minister Srettha Thavisin’s Pheu Thai party will oversee the defence, transport, commerce, health, and foreign ministry portfolios.

Reviving Thailand’s economy will be one of the biggest tasks for political newcomer Srettha, who became prime minister last month following prolonged uncertainty after a May election. On the day of the vote, Pheu Thai figurehead Thaksin Shinawatra returned to Thailand in a dramatic homecoming after living abroad for 15 years in self-exile to avoid an 8-year prison sentence.

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