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Thursday, May 16, 2024

Economy in limbo amid logjam

Demonstrators display posters of Mr Pita in Bangkok on July 23. (Photo: Wichan Charoenkiatpakul)

The private sector is concerned that the extended delay in the formation of the new government could lead to a greater degree of political and public policy uncertainty and adversely impact the economy.

The Office of the Ombudsman recently requested the Constitutional Court to consider whether parliament’s rejection of Move Forward Party (MFP) leader Pita Limjaroenrat’s renomination for prime minister was unconstitutional and asked for the voting to be postponed until the court makes its ruling. Therefore, it remains…

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