The verdict is due to be read out at 3pm local time on Aug 14.
A favourable court ruling for Mr Srettha Thavisin would simply mean business as usual for South-east Asia’s second-largest economy.
The nine-member court voted six to three to accept the petition for consideration, while voting five to four against suspending his duties in the meantime. With the verdict due to be read out at 3pm local time on Aug 14, here’s how the situation could play out:A favourable court ruling for Mr Srettha would simply mean business as usual for South-east Asia’s second-largest economy, as it eliminates any immediate risk for his coalition government.
Given Mr Srettha wasn’t suspended while the court deliberated the case in the first place, he is then free to focus on rolling out the government’s about US$14 billion cash handout program to boost consumption and stimulate the economy. The success of the program will decide the popularity of his government and the ruling Pheu Thai Party, which has seen its approval rating decline in recent months.
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