The secretary-general of the National Economic and Social Development Board revealed they are waiting for clear developments before assessing the economic situation after the US and Iran are about to sign a peace agreement to end the war. If true, this would be a positive sign.
16 Jun 2026 GMT+7 Mr. Danucha Pichayanan, Secretary-General of the National Economic and Social Development Board, commented on the economic assessment following the United States preparing to sign a peace agreement to end the Persian Gulf war with Iran. He said it would likely improve the situation, but the circumstances remain uncertain and he wants to see clear confirmation first.
Asked whether this would cause Thailand's GDP to surge, Mr. Danucha stated that GDP adjustments depend on multiple factors, including inflation. Therefore, he wants to assess the situation after clearer information is available. He added that despite previous announcements about ending the war, the situation has been back and forth, so more time is needed for a proper assessment.