Finance Ministry plans reforms in five areas

The Finance Ministry is going ahead with economic reforms in five areas, while standing ready to invest in infrastructure in the hope of making Thailand a transport hub for the CLMV (Cambodia, Laos, Myanmar and Vietnam) subregion. Speaking at an event called “SET in the City 2017” on March 23, Finance Minister Apisak Tantivorawong said the economic reforms would target national infrastructure, the manufacturing sector, taxation, wealth inequality, and fiscal stability. The infrastructure reform is an important issue, particularly regarding transportation, which will be a key driver to enhance Thailand’s competitiveness, he said. At present, the Thai transportation system lags behind other countries’. Apisak said he hoped Thailand would become the transportation centre for CLMV.

Keep reading