Anutin confident Thailand's GDP growth will exceed 2.1pct in 2026
BANGKOK: Thai Prime Minister Anutin Charnvirakul is confident that the country’s economic growth will exceed the projected 2.1 per cent this year, citing stronger foreign investment, exports and tax revenue as signs of an improving economic outlook.
Thai Prime Minister Anutin Charnvirakul expresses confidence that Thailand's GDP growth will surpass the projected 2.1 percent in 2026. He attributes this optimism to increasing foreign investment, heightened exports, and elevated tax revenue. Foreign investment in the first half of 2026 grew by 30 percent compared to the entire previous year, while exports expanded by over 20 percent as well.
In an interview on his Cabinet program, Anutin, who serves as Interior Minister, noted that the National Economic and Social Development Council (NESDC) is reviewing its growth calculations, assumptions, and data to determine potential revisions. The government has also noted higher corporate and personal income tax collections, alongside increased funds from economic stimulus measures.
Anutin emphasized that precise growth projections are crucial for investor confidence and financing costs, and that stronger economic performance could draw more foreign investment. His administration is positioning Thailand as an attractive investment destination by showcasing its transport infrastructure, logistics capabilities, and access to the Asean market, rather than solely offering cheap labor and low electricity costs.
The Prime Minister also highlighted efforts to bolster trade and investment ties with the United States, Europe, the United Arab Emirates, and Central Asia. In terms of energy, Anutin stated that the government plans to promote clean energy and enable households to generate and sell electricity back to the grid, reducing expenses and generating income.
He added that Thailand's hosting of the International Monetary Fund-World Bank meetings in Bangkok recently has facilitated bilateral discussions, business matchmaking, and international cooperation, while solidifying confidence in the country's ability to host major global events. Anutin anticipates building upon these benefits to attract more investment and boost tourism and the MICE industry amid evolving global economic and geopolitical landscapes.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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