Finance Minister Ekniti Outlines Economic Reform Strategy in Udon Thani
Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas has introduced a new economic reform model in Udon Thani, focusing on private sector-led growth and digital integration.
During a recent visit to Udon Thani, Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas unveiled a strategic economic reform plan, describing it as a critical turning point for Thailand's future. The minister emphasized a shift toward private sector-led growth, targeting key industries including modern agriculture, food processing, smart electronics, electric vehicles (EVs), high-value tourism, medical services, and the creator economy.
For residents and business owners, the initiative aims to modernize the Ministry of Finance's operations through a framework dubbed 'D-E-E'. This includes 'Data' (D) for transparent public procurement and budget disclosure, and 'Easy' (E) to streamline government services. The minister also highlighted the importance of integrating younger generations and digital content creators into the formal tax and revenue system to broaden the nation's economic base.
While the minister framed these reforms as essential to avoid falling behind in the global economy, the specific timeline for the full implementation of these measures across all provincial departments remains to be confirmed. The policy also seeks to provide better capital access for small and medium-sized enterprises (SMEs) through state-backed support. Observers are now waiting to see how these directives will be translated into tangible administrative changes at the local level.
