Thailand's Deputy PM Ekniti announced a clear 12-year plan to move Thailand to high-income status, with support from the World Bank. After nearly 30 years of low growth and structural problems since the 1997 financial crisis, the government is signaling a major economic overhaul centered on new investment rather than relying on past gains. This represents a strategic shift toward addressing accumulated challenges including household debt, aging population, and fiscal pressures ahead of Thailand's hosting of IMF-World Bank meetings in October.