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Finance Ministry in Tumult - Deputy Minister Krisada Chinavicharana Resigns


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Krisada Chinavicharana, Deputy Finance Minister, stepped down from his role today, highlighting tensions in the Thailand's Finance Ministry. His resignation follows last week's cabinet reshuffle and the appointment of Pichai Chunhavajira as Finance Minister.

 

In a letter dated May 8th, Chinavicharana explained that conflicting working styles and a lack of respect led to his decision to resign. His departure leaves a significant gap in the ministry, raising questions about the stability of Thailand's financial leadership in a time of economic uncertainty.

 

Prime Minister Srettha Thavisin, in his remarks at the Government House today, suggested Chinavicharana misunderstood the new role allocations following the reshuffle. According to Thavisin, there was room for Chinavicharana to assist in many other finance responsibilities. However, given Chinavicharana's decision to depart, the prime minister has chosen to respect it.

 

When questioned about Chinavicharana's reasons for resignation, the newly appointed Finance Minister, Chunhavajira, declined a response. He stated he couldn't speak for his resigned deputy minister, highlighting a potentially fraught relationship.

 

Meanwhile, Energy Minister Pirapan Salirathavibhaga, also the leader of the United Thai Nation party, confirmed he had a conversation with Chinavicharana, who insisted on resigning. He reassured that Chinavicharana's replacement will be found promptly, emphasising that the decision to resign was a personal one.

 

Chinavicharana's resignation underscores the increasing scrutiny the finance sector faces, especially amid the economic repercussions triggered by the ongoing pandemic. Eyes are now on Prime Minister Thavisin and Finance Minister Chunhavajira, as they scramble to reassure stability within their finance team.

 

Photo courtesy of Thai PBS

 

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-- 2024-05-14

 

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Posted

conflicting work styles and lack of respect?

isn't he the 3rd to resign in the very recent past? either they are promoting prima donnas or there is complacency in the finance department...

Posted
12 hours ago, bannork said:

Surely they mean turmoil rather than tumult?

 

AI is unsure what it really means ..................LOL

Posted
13 hours ago, snoop1130 said:

His departure leaves a significant gap in the ministry, raising questions about the stability of Thailand's financial leadership in a time of economic uncertainty.

Cracks are forming,

  • Like 1
Posted

He’s not the only one to have resigned of late should we be worried that the government are bringing in yes men and not those with principles 

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Posted
16 hours ago, snoop1130 said:

they scramble to reassure stability within their finance team.

It's not about the team but about financial stability of Thailand.🙏

Posted

There will be no changes in portfolios within the cabinet,,,,,,,,,,,,,5 days later

here are the new portfolios for ministers,,, most without any prior experience in these positions,,,

jobs for the boys ,,, very dangerous

  • Agree 1

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