BANGKOK, Thailand – Prime Minister Anutin Charnvirakul has welcomed Moody’s Ratings decision to revise Thailand’s sovereign outlook from negative to stable, while affirming the country’s Baa1 credit rating.
Government Spokesperson Rachada Dhnadirek stated that the Prime Minister sees this decision as a sign of confidence in Thailand’s economic fundamentals and policy direction.
The spokesperson explained that the improved outlook reflects greater economic stability, supported by internal and external factors. Political stability and consistent policies have reduced uncertainty and created conditions favorable for long-term economic reform.
Private investment is steadily recovering, supported by government initiatives like the “Thailand Fast Pass,” which has boosted employment and growth prospects. Although public debt has increased due to economic stimulus measures, Moody’s reports that it remains manageable and poses no threat to stability. Thailand’s strong international financial position and ample reserves also help buffer global economic volatility.
The spokesperson also announced that Thailand has returned to the top 25 of the 2026 Kearney FDI Confidence Index (FDICI) after a two-year absence in 2024 and 2025. This resurgence signals that Thailand has successfully regained the interest of global investors.
This achievement is due to the government’s targeted investment promotion policies, including expanded Board of Investment (BOI) incentives for future industries such as Data Centers, Electric Vehicles (EVs), and Clean Energy. Accelerated infrastructure development and ease-of-doing-business reforms have also helped restore economic confidence.
Recognition from both Moody’s and the FDICI demonstrates the recovery of foreign investor confidence. These developments will help attract new investment, drive economic growth, and strengthen Thailand’s long-term competitiveness.
The Prime Minister emphasized that the government will continue to manage short-term economic impacts on citizens, maintain fiscal stability, and lay the foundation for sustainable growth. (NNT)
