Bangkok: The Prime Minister welcomed Moody's' upgrade of Thailand's outlook to "stable," maintaining its Baa1 rating, as Thailand returns to the Top 25 in the FDICI, reflecting recovering investor confidence. Today, Ms. Ratchada Thanadirek, Spokesperson for the Prime Minister's Office, revealed that Prime Minister Anutin Charnvirakul expressed his congratulations on Moody's upgrading Thailand's credit outlook from "negative" to "stable" and maintaining the credit rating at Baa1. This reflects confidence in the fundamentals of the Thai economy and the direction of the government's policies.
According to Thai News Agency, the spokesperson for the Prime Minister's Office stated that this shift in outlook is supported by the increasingly stable trend in the Thai economy, driven by both domestic and international factors. Political stability and policy continuity reduce uncertainty and facilitate long-term economic reforms.
Furthermore, private sector investment has been steadily recovering, driven by government incentives such as the Thailand Fast Pass program, which supports employment and future growth. Although government debt is projected to increase due to economic stimulus measures, it remains manageable and does not affect overall stability. Thailand also maintains a strong international financial position and sufficient reserves to withstand fluctuations in the global economy.
Meanwhile, the 2026 Kearney FDI Confidence Index (FDIC) indicates that Thailand has re-entered the top 25 globally, after being out of the ranking for two consecutive years (2024-2025) since 2023. This reflects Thailand's renewed interest from foreign investors.
This is a result of the government's clearly targeted investment promotion policy, achieved through expanding BOI incentives in future industries such as data centers, electric vehicles, and clean energy, coupled with accelerating infrastructure development and facilitating investment. These measures play a crucial role in restoring economic confidence.
Moody's upgrading Thailand's credit outlook to "stable," coupled with Thailand's return to the top 25 in the Foreign Direct Investment (FDICI) index, concretely reflects the steadily recovering confidence of foreign investors in Thailand. This is evident in both economic stability and government policy direction, which will be crucial in attracting new investment, driving economic growth, and enhancing the country's competitiveness in the future.
The Prime Minister emphasized that the government will continue to closely monitor the economic impact on the people in the short term, while simultaneously maintaining economic stability and accelerating the laying of foundations to enhance the country's potential, aiming for strong and sustainable growth in the medium and long term, in accordance with the policies promised to the people.