After four years in power, in the parliamentary election in February 2005, Thaksin's Tayrac Thai Party won 377 of the 500 seats in the House of Commons, and then formed an independent cabinet, becoming the first democratically elected government independently formed by a single political party in Thai history.
Thaksin dared to challenge the shortcomings of decentralization and multi-government in Thailand, established an absolute majority government through the merger of political parties, and strengthened the central government's control over local governments, military and police departments and the national economic lifeline. He also showed a strong ruling ability, reformed the administrative organs and implemented the responsibility system, and strengthened the control of social resources.
During the first term of Thaksin's government, Thailand's economy further got rid of the shadow of the 1997 Asian financial crisis, and the economy began to fully recover, paying off the debts of the International Monetary Fund ahead of schedule, and the stock market and real estate industry also achieved satisfactory development results. Thailand's GDP grew by 6.7% in 2003 and nearly 6% in 2004, ranking first among Southeast Asian countries.
Under the background of economic recovery, Thaksin introduced pragmatic economic policies, stimulated economic development with private consumption, provided a large number of low-interest loans or funds to rural and urban civilians, and improved the economic situation of low-income groups in China.
Thaksin rode an elephant to visit rural Thailand and was well received by the villagers.
Thaksin also attached great importance to the poor rural areas in Thailand, implemented a medical system of 30 baht (about 0.8 US dollars) for the poor, and launched the "one district, one product" project to promote the development of their own famous products in rural villages in Thailand and promote economic development. Therefore, the biggest beneficiaries of Thaksin's policy are low-and middle-income groups, especially rural voters.
A supporter of Thaksin once questioned the opposition: "Think of any prime minister in Thai history who went to the countryside every three days? Which prime minister ever thought of introducing a cheap medical policy to help the poor? Which prime minister helped Thailand out of the financial crisis? "