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Free AccessCracks Appear In Ruling Coalition Ahead Of No-Confidence Vote
The so called Group of 16, which consists of minor parties propping up the government and several members of the ruling Palang Pracharath Party (PPRP) are divided on whether to back Prime Minister Prayuth in the upcoming no-confidence vote, the Bangkok post reports citing the group's secretary Khathathep Techadejruangkul.
- Khathathep reportedly complained that the government has failed to address some of the nation's most burning economic problems. He noted that some of the group's members have decided to vote against the Prime Minister, while others prefer to hear his speech in the censure debate before deciding.
- Tuesday saw Setthakij Thai raise pressure on the government by formally withdrawing from the coalition and vowing to vote against the Prime Minister. The party has 16 MPs and is led by Thamanat Prompow, a former PPRP Secretary General expelled from the ruling party, reportedly for plotting against PM Prayuth.
- The latest no-confidence motion tabled by the opposition targets the Prime Minister and 10 other ministers. The censure debate will likely take place next week, with the government still expected to survive.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.