New leader Paetongtarn focuses on Thailand’s slumping economy in parliamentary speech

(12 Sep 2024)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Bangkok, Thailand – 12 September 2024
1. Various of Prime Minister of Thailand and leader of the ruling Pheu Thai Party Paetongtarn Shinawatra paying respects at spirit house within grounds of Parliament
2. Paetongtarn entering Parliament and bowing at portrait of Thailand’s King Maha Vajiralongkorn
3. Portrait of King Maha Vajiralongkorn
4. Wide of Parliament in session
5. SOUNDBITE (Thai) Paetongtarn Shinawatra, Prime Minister of Thailand:
"The government is well aware that what trouble the people, whether the household debt, income, cost of living, including social security and safety, are urgent issues that the government needs to address to create opportunities and economic equality."
6. Wide of lawmakers and senators in attendance
7. Former leader of Pheu Thai Party Chonlanan Srikaew in attendance
8. SOUNDBITE (Thai) Paetongtarn Shinawatra, Prime Minister of Thailand:
"I’d like to assure Parliament of my determination to serve the country honestly in the best interest of the public. I will collaborate forces from all agencies, all ages, all expertise, to drive these policies that are based on reality, to effectively address the current situations and prosper the country’s economy, society and politics."
9. Natthaphong Ruengpanyawut of the People’s Party, which sits in opposition, speaking after Paetongtarn’s speech
10. Various of lawmakers and senators in attendance

STORYLINE:
Thailand’s new Prime Minister Paetongtarn Shinawatra vowed Thursday in her inaugural speech to Parliament to continue with many of her predecessor’s plans to solve the country’s economic woes.

Paetongtarn, leader of the ruling Pheu Thai Party and daughter of former prime minister Thaksin Shinawatra, took office last month after a court ousted Srettha Thavisin from his post over an accusation that he had violated an ethics law by appointing a Cabinet member who had served time in prison in connection with a bribery case.

Pheu Thai formed a government headed by Sretttha after members of the conservative Senate refused to endorse the prime minister nominated by the progressive Move Forward Party, which won the most seats in last year’s general election.

Thailand is facing several economic challenges and her government will urgently address the issues of high household debt, the rising cost of living and lagging income, describing them as "urgent issues that the government needs to address", in order to "bring the hope of Thai people back as soon as possible,” Paetongtarn said.

Paetongtarn also assured parliament of her "determination to serve the country honestly in the best interest of the public," by collaboration across "all agencies, all ages, all expertise."

Among the government’s more immediate plans are measures to relieve household debt and reduce the rising costs of electricity, petrol and transport, as well as to boost tourism and bring new technologies to the agricultural sector, she said.

Paetongtarn’s rise to power, which made her the country’s youngest leader and second female prime minister, represents the revival of the embattled political dynasty that began with her father Thaksin, a billionaire telecoms tycoon, who was elected prime minister in 2001 but ousted by a military coup in 2006.

AP video by Jerry Harmer and Tian Macleod Ji

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