Concerns about potential protests are acknowledged as part of citizens’ rights and freedoms. However, based on recent experience, such demonstrations are unlikely to escalate into disorder that would harm the economy or society.”
However, if the court rules that the prime minister has committed a serious violation, requiring her to suspend duties and prompting the selection of a new leader, the economy would face a temporary standstill, particularly in budget disbursements and stimulus measures, which could slow short-term recovery. Investor confidence would take an immediate hit. Yet, if the new leader demonstrates capability and earns economic credibility, confidence could rebound quickly.
“As the prime minister steps aside and a new leader is appointed, the economy will face a temporary pause, and confidence will drop immediately due to uncertainty. However, if the incoming leader is competent, confidence could recover rapidly. It remains crucial to see who that person will be,” Nonarit said.