BANGKOK, June 22 (Reuters) - Thailand plans to lift its economic growth potential to 3.0% from 2.7% by 2030, Finance Minister Ekniti Nitithanprapas said on Monday.
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The government will drive economic growth through "four pillars" including new investment, trade and services like tourism and agriculture, a presentation by the ministry showed.
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It will also develop human capital from strategic research and development and make it easier to do business, according to the presentation.
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A leading joint business group last week raised its 2026 economic growth forecast to 1.6%-2.0%, citing support from government stimulus measures. Last year's growth was 2.4%.
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The government has launched a 176 billion baht ($5.4 billion) consumer subsidy scheme to ease the cost of living.
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Last month Ekniti said he expected growth to top 3% over the next one to two years, supported by new investments.
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The state planning agency maintained its 2026 growth outlook at 1.5% to 2.5%, despite stronger-than-expected first quarter growth, reflecting the impact of the war in the Middle East.
Reporting by Kitiphong Thaichareon, Orathai Sriring and Chayut Setboonsarng, Editing by David Stanway
Source: Reuters