Thailand targets high-income status within 12 years
Bangkok, June 23 -- Thailand has set a goal of becoming a high-income country within the next 12 years and joining the world's top 20 most competitive economies by 2030 under a new development strategy built on close public-private sector cooperation. Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas was quoted by local media as saying after a meeting of the Joint Public and Private Sector Consultative Committee (JPPCC) on June 22 that the Thai Government and the private sector agreed to develop an economic roadmap with short-, medium- and long-term objectives aimed at strengthening the country's growth potential. According to Ekniti, the long-term goal is to help Thailand escape the "middle-income trap" and attain high-incom...
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