Thailand's inability to form a new government has left the country facing a slow-burn budget crisis, with a costly rice-buying scheme close to collapse and public investment plans that were meant to support the flagging economy under threat. Prime Minister Yingluck Shinawatra has led a caretaker administration since
Thailand's inability to form a new government has left the country facing a slow-burn budget crisis, with a costly rice-buying scheme close to collapse and public investment plans that were meant to support the flagging economy under threat.
Prime Minister Yingluck Shinawatra has led a caretaker administration since December, when she called a snap election in a bid to end protests that have shut down parts of the capital and with it much of normal government business.
But the demonstrations have continued, and protesters were able to disrupt voting in enough places to prevent a new administration being installed after the poll on Feb. 2.
"The fiscal budget plan has not started yet. We haven't seen this situation before," said Manas Jamveha, director general of the Comptroller General's Department.