Thailand hunts for new finance minister to tackle economy in crisis

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BANGKOK: After its finance minister's surprise exit, Thailand is looking for a new chief to steer its economy through the COVID-19 crisis, with ...

BANGKOK: After its finance minister's surprise exit, Thailand is looking for a new chief to steer its economy through the COVID-19 crisis, with the outgoing central bank boss being linked to the job and a deputy minister throwing his hat into the ring.on Sep 1 after only a few weeks, as the government struggles to pull Southeast Asia's second-biggest economy out of an outbreak-induced slump.

"I have the expertise and ability to handle the pressure of the current economic situation," he told reporters soon after Predee quit.Santi is director of the ruling Palang Pracharat Party and served in the Yingluck Shinawatra administration, which was overthrown in a 2014 coup led by Prayut. Pailin is responsible for implementing stimulus plans as the head of one of two committees under a special government task force for reviving the economy, which is seen shrinking a record 8.5 per cent this year.

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