Thailand economy faces headwinds, and growth has been modest, at 2.8 percent in 2015 after 0.9 percent in 2014, partly on the basis of government consumption and investment, and partly on declining imports. The outlook for 2016 is 2.5 percent. The rate of economic recovery and reigniting growth, will depend on how fast Thailand can overcome factors constraining growth and promote a more inclusive growth model. There are opportunities in the horizon, including expanding trade through enhanced integration with the global economy, bolstering growth by implementing transformative public investments to crowd-in private capital, stimulate domestic consumption, and improving quality of public services across the entire country. This will support a resumption of higher, more balanced, growth path that eliminates extreme poverty and boosts shared prosperity for all citizens.