
When the reign of the new monarch begins, the country will follow a consistent economic policy under a 20-year national development plan, while applying economic sufficiency for national development, he said, adding that this was aimed at building foreign investor confidence so that businesses could make plans for the next five to 10 years in Thailand.
The government has attempted to balance all parts of the economy, building in factors that support each other, he said.
With the country confronted by the middle-income trap, the focus now is on developing the economy for further expansion externally, he added.