In a televised address on the government’s performance during her first three months in office, Paetongtarn said her administration would provide soft loans for community businesses, funds for villages, cheap housing for low-income workers in Bangkok, energy price cuts and a flat rate for urban rail travel.
“In 2025, it will be the year of tangible opportunities and hopes. The government will create tangible results to make dreams come true. Policies that are tangible,“ she said.
Paetongtarn is widely expected to continue the populist legacy of her influential father, whose political parties have won multiple elections in the past quarter-century with pro-poor platforms from handouts and broad subsidies to rural loans and cheap healthcare.
She said Southeast Asia’s second-largest economy would grow in excess of 3% in the final quarter of 2024, and the government would roll out the third phase of its signature $14 billion handout scheme next year.
About 14.5 million people have so far received payments of 10,000 baht ($300) to be spent in their communities. Another 4 million will receive payments by January, with an estimated 26.5 million more expected to benefit. ($1=33.78 baht)
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