Thai government to stick to current economic policy
The Thai Government has affirmed that the country will persistently stick to its current economic policy, adding that the government operation next year will focus on socio-economic reform.
Thai Deputy Prime Minister Somkid Jatusripitak (Source: bangkokpost.com)
Bangkok (VNA) – The Thai Government hasaffirmed that the country will persistently stick to its current economicpolicy, adding that the government operation next year will focus on socio-economicreform.
Addressing the recent conference on Thai economy outlook2018, Thai Deputy Prime Minister Somkid Jatusripitak said that next year,investing in large-scale infrastructure, strengthening economic growth andboosting stable tourism development will be a new driving force of the Thaieconomy in 2018.
The East Economic Corridor will be another drivingforce of the economy, which is expected to draw more investment in the region,he said.
The Thai Deputy PM also stressed that the ThaiGovernment will work hard to form a new political system to attract more talentsto the country.
He noted that in the recent three years, the country’seconomic growth was raised to 3.2 percent in the second year from only 0.8percent in the first years. The figure is likely to reach 4 percent this year,he added. In 2018, many major projects in infrastructure, tourism and exportwill also be implemented, he said.
The position of Thailand has also been improved. TheWorld Economic Forum placed Thailand at 32nd position among 137countries in competitiveness, while the country stands 26th in theWorld Bank ranking for investment environment for 2018, leaping 22 paces over2017.
Jatusripitak attributed the success to considerableimprovement in the country’s infrastructure, macro-economic environment, healthcare and education development, market, financial market growth, and readinessin technology.-VNA
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Thai Deputy Prime Minister Somkid Jatusripitak (Source: bangkokpost.com) 
