Thai Cabinet Takes Shape With Srettha Set to Retain Finance Post

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The formation of a new coalition government in Thailand is gathering momentum with Prime Minister Srettha Thavisin finalizing his cabinet lineup that will probably see the former property tycoon retaining control of the finance ministry to bolster growth through fiscal stimulus.

The list of ministers and their portfolios is expected to be submitted to the cabinet secretariat on Monday to begin the process of vetting their qualifications, Srettha told reporters in Bangkok. Once the list is cleared in two to three days, it would be submitted for royal endorsement, he said.

The new government will announce its policy priorities before mid-September in parliament once the cabinet is sworn in, Srettha said, adding the focus will be on driving growth in the short term by promoting tourism.

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