Thailand’s finance minister, appointed last month, resigns amid economic crisis

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

BANGKOK: Thailand's recently appointed finance minister, Predee Daochai, has resigned as the government struggles to pull Southeast Asia's second-larg...

Women walk past a row of bank automatic teller machines in a commercial building in Bangkok today. The Thai economy could shrink by a record 8.5% this year, according to the finance ministry. – AFPPIXThailand's recently appointed finance minister, Predee Daochai, has resigned as the government struggles to pull Southeast Asia's second-largest economy out of a slump caused by the coronavirus pandemic.

Predee, 61, did not respond to telephone calls from Reuters, and it was not immediately known why he resigned. Thai media said he wanted to quit for health reasons.Earlier news that Predee had proffered his resignation prompted the stock market to fall as much as 0.9%, but it had recovered by the close to stand less than 0.4% down.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Thai finance minister quits, less than a month into the jobHis resignation adds uncertainty in reviving Thailand’s faltering economy amid the Covid-19 pandemic. FMTNews Thailand
Source: fmtoday - 🏆 5. / 72 Read more »