The Joint Private Sector Committee (JCC) has stated that S&P Global Ratings has maintained Thailand's credit rating at BBB+ with a “Stable Outlook”, consistent with Moody’s decision to keep Thailand's rating at Baa1 and adjust the outlook to “Stable.” This reflects foreign investors' confidence in Thailand's ability to manage macroeconomic and fiscal policies prudently. Additionally, the country has a consistently strong external finance sector that can withstand crises and uncertainties arising from the global economy, geopolitical issues, and significant changes in the global trade landscape.

The JCC believes that the confirmation of the credit rating by leading global institutions signals that Thailand still has a strong and stable economic foundation due to the continuity of government policies that support economic restructuring and new investment projects aligned with global trends. However, maintaining long-term trust and confidence requires a serious acceleration of structural reforms to enhance competitiveness and increase growth potential, transitioning towards an economy driven by productivity, innovation, quality, and sustainability.

Furthermore, the JCC supports the government in implementing targeted economic policies alongside maintaining fiscal discipline, focusing on investments that yield high economic returns across the supply chain, reducing blanket subsidy measures that may lead to dependency on government assistance, and expediting the improvement of regulations that hinder investment and business operations.

Additionally, the JCC advocates for Thailand's entry into the OECD, which serves as an important reference framework for elevating the country’s rule of law, governance, transparency, and open government practices. It also supports the enhancement of key industries in collaboration with various sectors, including international organizations like the “World Bank,” reflecting that Thailand is systematically defining its economic transition towards a growth model driven by value addition, productivity, and the creation of high-quality jobs, in line with the Reinvent Thailand framework. This will help bolster investor confidence and reinforce the credibility of Thailand's economic reforms on the global stage.

The Thai private sector is fully prepared to support the government in driving the reform agenda through investments, upgrading the supply chain, developing SMEs, and fostering comprehensive cooperation among the private sector, financial sector, capital markets, and government. They are ready to collaborate through the Joint Government and Private Sector Committee to address economic challenges (GRC). The JCC believes that if Thailand can maintain economic stability and fiscal discipline, alongside targeted and feasible reforms that encompass all sectors, it will enhance investor confidence and credit rating agencies' trust, laying the foundation for Thailand's economy to compete regionally, with strong National Champions that grow inclusively and sustainably in the long term.