Prayut: New finance minister next week

Prayut: New finance minister next week

Outgoing finance permanent secretary Prasong Poontaneat. Despite rumours, he will not be the new finance minister, according to the prime minister. (Photo: Arnun Chonmahatrakool)
Outgoing finance permanent secretary Prasong Poontaneat. Despite rumours, he will not be the new finance minister, according to the prime minister. (Photo: Arnun Chonmahatrakool)

Prime Minister Prayut Chan-o-cha has ended speculation that outgoing finance permanent secretary Prasong Poontaneat could be the new finance minister.

He said the new finance minister will be a familiar name, but it will not be Mr Prasong, and will be announced next week.

Gen Prayut said reports that Mr Prasong, former transport minister Arkom Termpittayapaisith and Krairit Euchukanonchai were in the running for the job were not correct.

Mr Kraisit is board chairman of PTT Plc and Krungthai Bank.

All three were rumoured to be candidates to replace former banker Predee Daochai, who stunningly resigned from the portfolio after less than a month in office.

Mr Prasong fuelled speculation when he tendered his resignation last week, a move seen by some as preparation for taking a cabinet post.

His long civil service career ends on Sept 30. 


Do you like the content of this article?
COMMENT (11)

Factory output unexpectedly falls

Thailand's manufacturing production index (MPI) in October dropped 3.71% from a year earlier, due to weaker exports and refinery maintenance shutdowns, the Industry Ministry said on Wednesday.

11:28

12 tonnes of smuggled pork cuts seized in South

SONGKHLA: A large quantity of contraband frozen pork was seized and a suspected smuggler arrested in Muang district on Tuesday, the Customs Region 4 office said.

11:06

Fire destroys Hat Yai railway homes

SONGKHLA: A row of wooden houses for staff of Hat Yai railway station was destroyed by a fire early on Wednesday. Nobody was hurt.

11:05