Bangkok Post
Govt sets path to prosperity
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Thailand has set an ambitious goal of escaping the middle-income trap and attaining high-income status within the next 12 years, under targets announced after the inaugural meeting of the Joint Public-Private Consultative Committee on Monday.
Key facts
- The initiative also aims to place Thailand among the world's top 20 countries for competitiveness by 2030, while accelerating growth and investment through closer public-private cooperation.
- Thailand has set an ambitious goal of escaping the middle-income trap and attaining high-income status within the next 12 years, under targets announced after the inaugural meeting of the Joint Public-Private Consultative Committee on
- Under the medium-term plan, the government aims to lift Thailand's global competitiveness ranking into the top 20 by 2030 and raise economic growth potential above 3%, from a current estimated 2.7%.
- Our objective is to establish a clear GPS so that everyone shares the same vision of taking Thailand into the world's top 20 for competitiveness by 2030,"
Summary
The initiative also aims to place Thailand among the world's top 20 countries for competitiveness by 2030, while accelerating growth and investment through closer public-private cooperation.
Speaking after the meeting, Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas said the government and private sector had jointly established a framework to strengthen the economy over the short, medium and long term.