Thailand aims for investment-led growth
Thailand faces sluggish growth as finance minister Ekniti Nitithanprapas pushes investment policies. Ahead of IMF meetings, Bangkok targets semiconductors and renewables.
Nearly thirty years after seeking an emergency IMF bailout, Thailand faces a new economic test as sluggish growth threatens its post-pandemic recovery. The country's investment-to-GDP ratio has fallen to 22%, down from the levels seen during the 1997 financial crisis. Finance Minister Ekniti Nitithanprapas is now pushing an investment-led growth strategy to revive momentum.
