Thailand's finance chief leads exit of reformers from ruling party

Resignation by ex-party head Uttama ramps up pressure for cabinet reshuffle

20200709N thai finance minister (REUTERS)

Finance Minister Uttama Savanayana is an economic reformer locked in an intraparty feud with military hardliners. © Reuters

YOHEI MURAMATSU, Nikkei staff writer

BANGKOK -- Thailand's finance minister resigned Thursday from the ruling party he once headed, forming an exodus with three other technocratic officials sidelined by the party that is increasingly dominated by members with military ties.

Uttama Savanayana said he will stay on as Thailand's finance chief. But his exit from the Palang Pracharath Party, the largest in the 19-party governing coalition, puts additional pressure on Prime Minister Prayuth Chan-ocha to reshuffle his cabinet.

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