The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has formally presented its “Reinvent Thailand” blueprint, urging accelerated and decisive policy execution to buffer the country against global headwinds.

Facing pressures from weakening global demand and a strong baht that is eroding export competitiveness, the JSCCIB calls for structural change, including establishing a Sovereign Wealth Fund, setting up a Zero Corruption Committee, and reforming sectoral policy design.

The blueprint emphasizes a platform of co-creation between private, financial and public sectors, data-driven policy formulation, end-to-end accountability and pilot projects targeting deep structural challenges.

The central bank and planning body have joined in to support the initiative as a mechanism to anchor continuity in policymaking.

The JSCCIB intends to submit the plan to Prime Minister Anutin Charnvirakul this week and is urging the new government to adopt its recommendations swiftly in order to restore competitiveness, reinvigorate investment and safeguard Thailand’s economic trajectory.