Thailand's Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas joined finance leaders from 20 APEC economies in Incheon, South Korea, this week for discussions on regional economic challenges and opportunities under the theme "Sustainable Growth and Shared Prosperity."

Ministers expressed concern about fragile global recovery, with the IMF projecting 3.2 percent growth in 2025 amid persistent pressures from inflation, public debt, and geopolitical uncertainty. Key discussions centered on harnessing digital finance and AI to expand financial access while ensuring data protection and stability.

The Deputy Minister highlighted Thailand's achievements through PromptPay, the cross-border Project Nexus, and innovative credit scoring systems that promote financial inclusion. He also presented Thailand's "3P Approach" to fiscal management—Precision, Priorities, and Partnerships—emphasizing data-driven policy, human capital investment, and private sector collaboration.

The meeting concluded with endorsement of the 2025 Joint Statement and the Incheon Action Plan, a five-year roadmap to strengthen macroeconomic cooperation, financial innovation, and sustainable growth across the Asia-Pacific.