New Aspiration Party

The New Aspiration Party (Phak Khwam Wang Mai ) is a political party in Thailand. The party was founded in 1990 by General Chavalit Yongchaiyudh after his retirement as Commander-In-Chief of the Royal Thai Army. This party won the elections of 1996 and formed a coalition government with Chavalit as Prime Minister. The onset of the Asian Financial Crisis in 1997 diminished the electorate's confidence in the government, and Chavalit was forced to resign.

Discredited as a result of the economic crisis, Chavalit formed a coalition with the populist Thai Rak Thai Party led by Thaksin Shinawatra to take part in the 2001 elections. Shortly after the election, the majority of the New Aspiration Party merged with Thai Rak Thai and Chavalit became the Deputy Prime Minister in Thaksin's cabinet.

After the election in 2001,Thaksin Shinawatra the leader of Thai Rak Thai Party, became prime minister. The New Aspiration Party has joined the government. Shortly thereafter. The  New Aspiration Party was merged with the Thai Rak Thai Party. Mostly to join Thai Rak Thai party (the governing party) with Gen. Chavalit Yongchaiyudh except Chalerm Yubamrung who return to be the Leader of the Mass Party Chingchai Mongcoltam decided to continue the New Aspiration Party and Lieutenant Colonel  Thita Rangsitpol Manitkul,WRTA Member of the Parliament and Deputy Secretary of the party. Offset to the Democrats. (Opposition Party) remains the only MPs moving from the opposition party government. During her tenure as a member of the House of Representatives

In the legislative elections on July 3, 2011, the party won 0.08% of the popular vote and no seats in the House of Representatives.

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Category:20th-century establishments in Thailand
Category:1990 establishments in Asia
Category:Political parties in Asia
Category:Organizations based in Thailand