Cabinet to review 20-year strategy in May

Cabinet to review 20-year strategy in May

iLaw says some of the goals are unrealistic

The cabinet, seen here at its weekly session last Tuesday, is to officially receive the 20-year plan next month. (Photo via Government House)
The cabinet, seen here at its weekly session last Tuesday, is to officially receive the 20-year plan next month. (Photo via Government House)

The draft 20-year national strategy is expected to be forwarded to the cabinet next month and come into force in July, the National Economic and Social Development Board (NESDB) said.

NESDB secretary-general Porametee Vimolsiri said his agency, which serves as a de facto secretary for the National Strategy Committee, has completed the public hearing process. More than 3,000 people took part in the process, which was held in February.

It is now in the process of sending their opinions to six national strategy drafting committees to consider whether changes should be made to their drafts, which concern six areas.

They cover: enhancing national security; strengthening national competitiveness; developing and empowering human capital; broadening opportunities to improve social equality; rebalancing and adjusting state administration; and creating economic growth in an environmentally friendly way.

They are likely to be presented to the cabinet sometime next month, Mr Porametee said, adding that the strategy could be put into force in July.

Under the 20-year plan's economic targets, the economy is projected to grow at an average rate of 5% per annum. This would push GDP per capita up from US$6,000 (187,620 baht) a year to $15,000 by 2036.

To meet this goal efforts must be made to strengthen the economy such as enhancing the "Thailand 4.0" development plan, improving the service sector and focusing on new urban areas to distribute growth and drive down inequality, as well as speeding up the Eastern Economic Corridor (EEC) scheme, according to Mr Porametee.

Other targets, he said, include 3% growth in productivity and getting Thailand ranked inside the top 20 on the list of globally competitive countries. According to the rankings compiled by the Swiss-based International Institute for Management Development (IMD), Thailand now ranks 27th out of 63 countries.

The national strategy can be adjusted every five years however there are provisions to make immediate changes in the event of an emergency, he said.

"The current trade war is one of the things the National Strategy Committee must consider by looking into economic situations or other aspects that could effect change in the future," said Mr Porametee.

He was confident the trade war would not have a long-term impact on Thailand, unlike the 1997 Asian financial crisis.

"If we still stick to our plan, I believe Thailand will reach average annual growth of 5%," said Mr Porametee.

Narongsak Niamsorn of iLaw, a legal monitoring group, said the draft strategy still lacks input from the public.

Most people remain unaware of the draft and what channels they can use to have a say in public affairs despite public hearings having been held in four regions of the country, he said.

He said some of targets are questionable and may never be realised.

For example, having renewable energy account for 40% of electricity production is an extremely ambitious goal, he said. It currently accounts for just 7% of the nation's electricity-producing sources, he added.

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