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Academics, economists, and the private sector are united in calling for the appointment of a prime minister.

Academics, economists, and the private sector are in unison calling for the appointment of a prime minister and cabinet to govern the country, warning that Thailand faces an economic vacuum in the next two months. Assoc. Prof. Dr. Anusorn Thamjai, Chairman of the Executive Board of the Pridi Banomyong Institute, said that in the case of the Constitutional Court's decision to dismiss the Prime Minister from office by 5 to 4 votes, he wanted the parliament to form a government as soon as possible to show foreigners, investors, and the private sector that the Thai political system can continue to operate. If the negotiation for the Prime Minister position is still not successful, and the Thai-style democracy is accepted, anything can go wrong at any time. This will affect the confidence of foreign investors and significantly affect the economic recovery. When foreigners have doubts, it will affect investment because the Move Forward Party was dissolved in the past, causing people to see that the votes of the p eople elected are meaningless, as judged by 9 judges from the recent coup government. Mr. Saengchai Thirakulvanich, President of the Thai SME Federation, said that the decision caused the entire cabinet to be dismissed. The private sector would like to encourage the parliament to quickly appoint a new prime minister and cabinet to drive the country's economy forward without interruption. Currently, Thailand is facing many risk factors. The private sector would like to see a leader come to manage the country quickly because the most important thing at the moment is to drive the economy and society, which will allow us to transition. The private sector understands the justice process in making decisions according to the law, but would like the parliament to quickly form a government to manage the country. Assoc. Prof. Dr. Montree Socatiyanu, Director of the Executive Management Program (E.M.M.S.), National Institute of Development Administration (NIDA), said that in 2024, Thailand is facing economic problems in many aspects. The 2024 budget will start to be used in April, while the investment budget will be disbursed in May. Exports in the first half grew by only 2 percent, household debt is high, and public debt is 64 percent of GDP. While the 2025 budget, even though it has been sent to the Senate for consideration, must wait for the new Prime Minister to submit it for royal signature. The problem has resulted in a lack of mechanisms to drive the economy because everything will come to a halt, becoming an economic vacuum. In the past 2 months, there has been a lack of financial and fiscal tools. In the past, Prime Minister Settha traveled on a roadshow to invite large foreign investments, but it had to stop because he had to wait for the policies of the new government, causing investment to stop and be delayed. It is believed that in 2024, Thailand's GDP may expand by plus or minus 2 percent, from the original forecast of 2.4-2.6 percent growth. If looking at the positive side, we have to wait and see how the policies of the new cabinet will push the economy to have tangible results. There may be some adjustments to the plan, sparking hope for the public, investors and foreigners in a better way from the new policies for the 10,000 baht digital money transfer, which has been opened for public registration. If the format is adjusted, it will best meet the economic problem-solving needs and be in line with the public's needs, such as using the half-and-half scheme because some groups of people may not be able to access digital money. It is believed that digital money can still help solve the problem of increasing purchasing power, but it needs to be improved to reduce the creation of additional debt. -515 Source: Thai News Agency