ASEAN KEY DESTINATIONS
Thai Prime Minister outlines economic road map
The three main goals in the plan are: global integration, strengthening the Thai economy and creation of a just economy.
To achieve global integration, the government plans to develop infrastructure, especially roads, utilities, water resources and agriculture. Abhisit said, “The centre of gravity of global developments is shifting to this region and Thailand must take full advantage of that. To do so, that means we have to be a very active player in terms of economic integration and regional architecture.”
He listed three main goals: global integration, strengthening the Thai economy and creation of a just economy and noted that “For the first time, we are seeking cooperation from the private sector and stakeholders so we can come up with an integrated path to move forward to a new era where there is transparency in government dealings and policies.”
To integrate fully into the global economy, the prime minister said that the government would support infrastructure improvement including roads, utilities and water resources and agriculture. Industry is to be supported by research and development and agriculture and agricultural output is to be increased by ensuring food safety.
To strengthen the economy, the government has already put into place price guarantee schemes to prevent hardship for rural Thai from between crops. The government is looking at measures to increase incomes.
To create a more even distribution of income, Abhisit said that tax structures will be reformed, including real estate and asset taxes, to make sure Thais have an equal opportunity to own land and a house. The new tax structure hopes to develop the economy and social structure concurrently.
Utilizing THAI Airways famous motto, “Smooth as Silk,” the prime minister observed that the road to accomplish these goals would not be smooth, “But if we have the determination, if we can unite the country, these goals are certainly achievable.”
Comment on this Article. Send them to email@example.com
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below