In addition, the NESDC secretary-general proposed that the new government use the Reinvent Thailand platform as a mechanism for close consultation with the private sector in order to address structural problems and build confidence among foreign investors.
Danucha also spoke about the economic outlook and the challenges facing the economy in 2026.
Thailand’s economy was initially projected to expand by 2.0% in 2026, but the conflict in the Middle East has pushed global crude oil prices up to US$107 per barrel.
If prices rise to US$125, economic growth could slow to 1.6%, and if they reach US$150, growth may fall to 1.3%.
This energy crisis could affect transport costs and the number of long-haul tourists.
In addition, Thailand continues to face the challenge of high household debt.
Danucha also outlined the country’s adaptation strategy and long-term development plan, saying Thailand still has strengths in agriculture, with reservoir water levels at full capacity to fully support the food industry.
At the same time, the government is drafting the 14th National Economic and Social Development Plan (2028–2032), which will be driven by four guiding principles: Advancing Productivity, Promoting Inclusivity, Opportunities, and Shared Benefits, Elevating Adaptability, and Reinforcing Immunity.
This will be pursued alongside five pillars of development: Transform Economy, Upgrade Human Capital, Sustain Resources & Environment, Transfer Technology & Innovation, and, importantly, Reform Public Sector, in order to strengthen competitiveness and prepare Thailand for membership of the Organisation for Economic Co-operation and Development (OECD).