Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

June 4, 2018

Electronic Access:

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Summary:

A cyclical recovery is underway though it is yet to be broad-based. Domestic demand remains sluggish amid structural challenges, inflation continues to show weak dynamics, and the current account surplus remains large. The authorities have taken important measures to strengthen financial stability, and enacted reforms that bode well for medium-term fiscal management and credibility. Under the 12th National Development Plan, the government’s program aims to address the impediments to growth and scale up infrastructure to enhance Thailand’s position in global value chains and propel the economy into the digital age.

Series:

Country Report No. 18/143