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|native_name        = คงสมพงษ์ คุ้มภัย
|native_name        = คงสมพงษ์ คุ้มภัย
|image              = Thongloun Sisoulith (2018-01-25).jpg
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Latest revision as of 01:03, 28 August 2024

Kongsampong Khumpai
คงสมพงษ์ คุ้มภัย
Thongloun Sisoulith (2023) (cropped).jpg
11th President of Kaona
Assumed office
14th February 2022
PremierXaisomboun Thonemany
Preceded byLursakdi Sonakul
Prime Minister of Kaona
In office
16nd April 2010 – 14th February 2014
PresidentChakthip Khaopa
Preceded byPrapat Kongkran
Succeeded byAnanada Keacham
Minister of Finance
In office
14th February 2006 – 20th May 2012
PremierPrapat Kongkran
Himself
Preceded byPaponsan Nitpattanasai
Succeeded byTosanakorn Visalyaputra
In office
17th October 1996 – 22nd April 2004
PremierKhamphaeng Xayadeth
Thanin Kittipromwong
Chakthip Khaopa
Preceded byKeetau Sansurin
Succeeded byPaponsan Nitpattanasai
Personal details
Born (1958-03-22) March 22, 1958 (age 66)
Phuko, Kaona
Political partyChart Pattana Party
SpouseMayuree Pimolkittikool
Children2
Alma materUniversity of Phuko

Kongsampong Khumpai (Kaonese: คงสมพงษ์ คุ้มภัย) is a Kaonese politician who has served as the President of Kaona since February 2022. He is also Kaona's longest serving Finance Minister serving on two non-consectutive stints from 1996 to 2004 and 2006 to 2012. From 2010 to 2014 Khumpai also served as Prime Minister. A longtime ally of former president Chakthip Khaopa Khumpai is a member of the centre-right Chart Pattana Party.

Educated at the University of Phuko Khumpai worked in global banks until he became an unofficial economic adviser to prime minister Khaopa in 1993, working on the CPP party platform in the 1993-94 Kaonese general election. After Khaopa's victory Khumpai continuned to work in an advisory role for the president and in 1996 would be appointed as Finance Minister. Serving in the role for the next eight years Khumpai would pursue a policy of privatisation, deregulation and economic liberalisation alongside a tight fiscal and monetary policy. Khumpai's reforms would lead to growth after a period of initial contraction, with government spending rising steadily on development programmes in the latter half of his tenure. After the dismissal of the Khaopa government by president Thanin Kittipromwong Khumpai remained loyal to Khaopa and the CPP, returning to the Finance Ministry in 2006 when Khaopa returned to the presidency.

In his second stint as finance minister Khumpai would take a more interventionist approach approving of several mega-projects and fuelling a construction industry boom. However anti-poverty measures would largely be ignored and under his tenure both the debt and deficit increased. Following the controversial 2010 elections Khaopa would appoint Khumpai prime minister with the task of overseeing national reconciliation and economic development. Khumpai would be seen as a largely low key and technocratic prime minister resigning from the role after the CPP lost the 2014 elections. Following his resignation Khumpai would serve on the board of the KICB, the largest bank in Kaona.

In the runup to the 2021-22 Kaonese general election the CPP nominated Khumpai for the presidency. Running on a centre right platform Khumpai would win the second round at 52.3% of the vote against the People's Democrat Party (PDP) candidate Kowit Thammarojphinij. He would form a grand coalition of the CPP and PDP appointing PDP chairman Xaisomboun Thonemany as prime minister.

Over his career Khumpai has been accused of corruption. Since 2020 he has been implicated in the Udomdejchak scandal over favourable construction contracts given to CPP-aligned firms. As president Khumpai has presidential immunity.