Thai PM says former finance minister Somkid to lead new economic team

The move comes as the military-government is under mounting pressure to turn around the stumbling domestic economy.
The move comes as the military-government is under mounting pressure to turn around the stumbling domestic economy.PHOTO: REUTERS

BANGKOK (REUTERS) - Thai Prime Minister Prayuth Chan-o-cha said on Wednesday that former finance minister Somkid Jatusripitak would lead a new economic team in a reshuffled cabinet, as the military-government comes under mounting pressure to turn around the stumbling domestic economy.

Somkid will replace Deputy Prime Minister Pridiyathorn Devakula.

"I have shifted Pridiyathorn to be an adviser and let Somkid take over instead. Somkid has helped me from the start, so there is not a problem," Prayut told reporters.