BANGKOK, Thailand – The Bank of Thailand (BOT) has said the recent Constitutional Court ruling disqualifying Prime Minister Paetongtarn Shinawatra will have limited impact on the country’s economic outlook, emphasizing that the continuity of existing policies is far more important.
Chayawadee Chai-anant, Assistant Governor for Corporate Relations and BOT spokesperson, told reporters that the critical factor affecting Thailand’s economy is whether ongoing measures and policies continue as planned. She noted that the 2026 fiscal year budget has already been approved by the House of Representatives, meaning implementation of programs and projects will proceed as scheduled.
“As long as activities, measures, and policies continue, the impact on the economy will not be significant,” she said, adding that the ruling could slightly affect investor confidence but will not derail baseline growth expectations. “We still expect economic growth to continue as projected, though any emerging risks should be monitored carefully.”
Chayawadee also pointed out a potential upside: the ruling may bring more clarity to Thailand’s political landscape, helping businesses and investors make decisions that were previously delayed due to political uncertainty. She stressed that economic performance depends less on the identity of the prime minister and more on the continuity of policy implementation.
The BOT spokesperson further noted that short-term risks to the economy include U.S. reciprocal tariffs, which remain uncertain for some product categories, while long-term challenges are largely structural.
