TDRI warns political parties of excessive campaign spending and economic risk

The Thailand Development Research Institute (TDRI) has issued a warning to major political parties that their primary election campaign projects might be unnecessary as an economic stimulus, given that the country is not currently experiencing a recession.

Yesterday, TDRI published a report intended to study and analyse the budget management of political parties, offering recommendations for adapting their future strategies.

The analysis focused on the policies of six leading political parties: Pheu Thai, Palang Pracharath Party (PPRP), United Thai Nation (UTN) Party, Democrat Party, Bhumjaithai Party, and Move Forward Party (MFP). The TDRI discovered that most parties proposed policies which may lead to excessive budget spending if they were elected to office. This could negatively impact the economy, increasing public debt and threatening economic…