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Thursday, May 2, 2024

Thailand’s prolonged political deadlock weighs on economy


BANGKOK — Nearly three months after the May 14 general elections, Thailand’s uncertain political future has weighed on the economy, likely delaying government spending that is key to the country’s post-COVID recovery.

The business sector has raised concerns over the slow pace of forming a new government and choosing a prime minister, triggering fears that the political deadlock could dampen confidence among foreign investors at a time when the economy needs more foreign direct investment.





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