Apisak Tantivorawong: Facing political headwinds

Political risk in Thailand this year is growing. The finance minister is unlikely to deliver a clear strategy on finance policies and regulations until the storm is over.

After a steady-as-she-goes three years at the helm of Thailand’s fiscal ship, two words sum up the challenge facing the country’s finance minister Apisak Tantivorawong political risk.

In our annual study of finance ministers, Tantivorawong's lacklustre preparation to counter the blowback from political headwinds provides the backdrop for a drop of two places in his league positioning to 10th place from 8th last year.

A recent abortive and unprecedented attempt by Princess Ubolratana Rajakanya to run for prime minister in elections this year after a half-decade of military rule, compounded by the continued influence of the exiled prime ministerial sibling double-act of Thaksin...

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