Kathmandu: On Wednesday, Thailand's Constitutional Court dismissed Prime Minister Srettha Thavisin for "grossly" violating ethics by appointing a minister with a criminal past. This decision marks Srettha as the fourth Thai premier in 16 years to be removed by the court, creating a fresh wave of political uncertainty.

Real estate tycoon Srettha, who took office less than a year ago, was found to have failed to perform his duty with integrity. The court's 5-4 ruling cited a breach of ethical standards, a judgment that could lead to further instability in a country plagued by political turmoil for two decades. The dismissal means that parliament must now convene to select a new premier, raising concerns about prolonged uncertainty.

The timing of Srettha's removal adds pressure to Thailand's struggling economy, which has seen weak exports, low consumer spending, and high household debt. Experts warn that key economic policies, including a significant cash handout plan, may now face delays, impacting consumer and business confidence.

Deputy Prime Minister Phumtham Wechayachai is expected to serve as caretaker prime minister until a new leader is chosen. The decision may strain the fragile political truce between the influential Thaksin Shinawatra family, founders of Srettha’s Pheu Thai Party, and their rivals in the conservative establishment.

Potential candidates for the new premiership include Thaksin’s daughter, Paetongtarn Shinawatra, who could become Thailand’s third Shinawatra premier, and other prominent figures such as Interior Minister Anutin Charnvirakul and former army chief Prawit Wongsuwan.

Despite the setback, political experts believe Pheu Thai remains strong enough to lead the next government, though the period ahead may see significant horse-trading and uncertainty. The coalition, however, is expected to remain united, with any impact on confidence likely to be short-lived.