WASHINGTON, D.C. – Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas detailed Thailand’s economic outlook and policy direction during the IMF Governor Talks held recently alongside the World Bank–IMF Spring Meetings in Washington, D.C.
Ekniti said Thailand is facing structural constraints, including investment levels that remain below potential. The Thai government is prioritizing investment upgrades, with plans to accelerate spending on infrastructure, digital technology, artificial intelligence, human capital development, and regulatory improvements to support long-term growth.
The deputy prime minister also addressed risks linked to global uncertainty and energy price volatility, discussing a policy framework based on targeted assistance, a transition to clean energy, economic restructuring, and cross-sector cooperation. Measures include expanding renewable energy use, promoting direct power purchase agreements, and improving energy systems through infrastructure such as smart grids.
On fiscal policy, the government is prioritizing targeted support for specific groups while advancing investment in green and digital sectors. Ekniti, pointing to ASEAN’s role in the global economy, said Thailand will host the IMF–World Bank Annual Meetings in Bangkok later this year, with discussions focused on economic resilience, sustainability, and regional cooperation. (NNT)
