BANGKOK: Thai Prime Minister Paetongtarn Shinawatra on Thursday outlined her government’s policy agenda to parliament, headlined by plans to give away 450 billion baht ($13.4 billion) in handouts to jumpstart Southeast Asia’s second-largest economy.
Political newcomer Paetongtarn’s cabinet was sworn in this month, after parliament elected her Thailand’s youngest premier following the shock removal of predecessor Srettha Thavisin by a court decision.
The polices largely continue ally Srettha’s agenda and that of their populist Pheu Thai party, including debt restructuring and legalizing casinos to draw in investment and more tourists.
Paetongtarn told parliament her government was facing challenges, including structural economic problems, and said the government would act with urgency to stimulate growth.
“If there are no financial and fiscal measures to support economic growth, it is expected that the country’s economic growth rate will not exceed 3 percent per year,” she said.
That would result in the public debt level approaching the ceiling of 70 percent to gross domestic product (GDP) in 2027, she said. Public debt stood at 63.74 percent of GDP at the end of July.
“Therefore, it is a great challenge that the government must urgently restore the country’s economy to quickly grow strongly again,” Paetongtarn said.
While she highlighted the signature plan for a ‘digital wallet’ handout of 10,000 baht ($300) to 50 million people, some of which Paetongtarn has previously said will be given in cash, there were no updates on how or when it would be rolled out.
The government had said this week it would distribute 145 billion baht ($4.2 billion) of the program to support vulnerable groups later this month.
The scheme has been criticized by economists and former central bank governors as fiscally irresponsible, which the government rejects. It has struggled to find sources of funding.
The government insists the policy is necessary to energize the economy, which the central bank expects to grow 2.6 percent this year, up from 1.9 percent in 2023 but far adrift of most regional peers.
Consumer confidence dropped for a sixth straight month to a 13-month low in August, a survey showed on Thursday.
Paetongtarn, 38, made her debut appearance in parliament as Thailand’s second female prime minister. She is the fourth member of her family to hold the top job.
Among those was her father, the billionaire Thaksin Shinawatra, Thailand’s most influential and divisive politician over the past two decades, who has backed the stimulus plan and is a key figure behind her Pheu Thai party.

SEATTLE: For her 26th birthday in July, human rights activist Aysenur Ezgi Eygi gathered friends for a bonfire at one of her favorite places, a sandy beach in Seattle where green-and-white ferries cruise across the dark, flat water and osprey fish overhead.
On Wednesday night, hundreds of people traveled to the same beach in grief, love and anger to mourn her. Eygi was shot and killed by Israeli soldiers last Friday in the occupied West Bank, where she had gone to protest and bear witness to Palestinian suffering.
“I can’t imagine what she felt like in her last moments, lying alone under the olive trees,” one of her friends, Kelsie Nabass, told the crowd at the vigil. “What did she think of? And did she know all of us would show up here tonight, for her?”
Eygi, who also held Turkish citizenship, was killed while demonstrating against settlements in the West Bank. A witness who was there, Israeli protester Jonathan Pollak, said she posed no threat to Israeli forces and that the shooting came during a moment of calm, following clashes between stone-throwing protesters and Israeli troops firing tear gas and bullets.
The Israeli military said Eygi was likely shot “indirectly and unintentionally” by its soldiers, drawing criticism from American officials, including President Joe Biden, who said he was “outraged and deeply saddened” her killing.
“There must be full accountability,” Biden said in a statement released Wednesday. “And Israel must do more to ensure that incidents like this never happen again.”
The deaths of American citizens in the West Bank have drawn international attention, such as the fatal shooting of a prominent Palestinian-American journalist, Shireen Abu Akleh, in 2022 in the Jenin refugee camp. The deaths of Palestinians who do not have dual nationality rarely receive the same scrutiny.
Eygi’s family has demanded an independent investigation.
As the sun set, turning the sky on the horizon a pale orange, friends recalled Eygi as open, engaging, funny and devoted. The crowd spilled beyond a large rectangle of small black, red, green and white Palestinian flags staked in the sand to mark the venue for the vigil.
Many attendees wore traditional checked scarves — keffiyehs — in support of the Palestinian cause and carried photographs of Eygi in her graduation cap. They laid roses, sunflowers or carnations at a memorial where battery-operated candles spelled out her name in the sand.
Several described becoming fast friends with her last spring during the occupied “Liberated Zone” protest against the Israeli agression on Gaza at the University of Washington. Yoseph Ghazal said she introduced herself as “Baklava,” a name she sometimes used on messaging apps, reflective of her love of the sweet Mediterranean dessert.
Eygi, who attended Seattle schools and graduated from the University of Washington with a degree in psychology this year, helped negotiate with the administration on behalf of the protesters at the encampment, which was part of a broader campus movement against the Gaza war.
“She felt so strongly and loved humanity, loved people, loved life so much that she just wanted to help as many as she could,” Juliette Majid, 26, now a doctoral student at North Carolina State University, said in an interview. “She had such a drive for justice.”
Eygi’s uncle told a Turkish television station that she had kept her trip a secret from at least some of her family, blocking relatives from her social media posts. Turkish officials have said they are working to repatriate her body for burial, per the family’s wishes.
Sue Han, a 26-year-old law student at the University of Washington, only knew Eygi for a few months after meeting her at the university encampment, but they quickly became close, laughing and blasting music in Eygi’s beat-up green Subaru. Eygi would pick Han up at the airport after her travels. Most recently, Eygi greeted her with a plastic baggie full of sliced apples and perfectly ripe strawberries.
Han saw Eygi before she left. Eygi was feeling scared and selfish for leaving her loved ones to go to the West Bank with the activist group International Solidarity Movement; Han said she couldn’t imagine anyone more selfless.
Eygi loved to connect people, bringing disparate friends together for coffee to see how they mixed, Han said. The same was true when she would bring people together on the beach, and it was true of the vigil, too.
“I was looking around at everybody sharing stories about Aysenur, sharing tears and hugs, and this is exactly what she would have wanted,” Han said. “These new relationships all sharing Aysenur as the starting seed — it’s the legacy she would have wanted.”