National —
On September 12th, 2024, Thai Prime Minister Paetongtarn Shinawatra delivered the government's policy statement to the parliament, emphasizing 10 urgent policies aimed at tackling pressing national issues.
These include comprehensive debt restructuring, particularly for housing and auto loans, supporting both formal and informal debtors without compromising financial discipline. The government also aims to protect Thai SMEs from unfair competition, especially from foreign online platforms.
Other key measures include reducing energy and utility costs through energy price restructuring, negotiating overlapping claims with Cambodia to secure additional energy sources, and introducing single-rate fares for public transport in Bangkok.
The government plans to create new revenue streams by integrating the informal economy into the tax system, supporting social welfare, education, and healthcare.
To boost the national economy, the government will launch the digital wallet scheme, prioritizing vulnerable groups, and modernize the agricultural sector to increase the value of agricultural products. Tourism will also be expanded through new attractions like entertainment complexes featuring casinos, hotels, and other leisure facilities.
Paetongtarn also addressed drug issues, vowing a comprehensive approach to eradicating narcotics, and pledged stronger efforts to combat crime, particularly online and transnational crimes. Additionally, the government aims to enhance social welfare systems and adjust them to the changing societal landscape. Cannabis shall be regulated for medical use and to protect youth, but not recriminalized as a narcotic.
Paetongtarn highlighted long-term national development plans, such as advancing Thailand's creative industries, soft power, and digital economy. She emphasized infrastructure development, including large-scale transportation projects, and improving land management to increase access to housing and farming opportunities.
On foreign policy, Paetongtarn reaffirmed Thailand's neutral stance in international conflicts, focusing on promoting peace and economic cooperation with other nations. The government also aims to strengthen the monarchy, promote a correct understanding of royal duties, and ensure that royal initiatives are continuously implemented.
Paetongtarn concluded by assuring the public of her dedication to governing with integrity, placing the people's interests at the forefront, and working to restore pride and dignity to the Thai nation.
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