Patricia Mongkhonvanit, director-general of the Public Debt Management Office (PDMO), said the rating remains stable because the government has taken proactive measures in the development of high value-added industries and the Eastern Economic Corridor (EEC).
Infrastructure investment projects have been continuously implemented to stimulate the economy and attract foreign investment, giving the country better potential for long-term growth and escape from the middle-income trap.
R&I will be closely following Thailand’s political uncertainty and changes in the population structure that affect the implementation of national economic and growth measures.
Published : March 11, 2021
By : The Nation