The Ministry of Finance and the National Economic and Social Development Council (NESDC) are formulating an INFF to ensure Thailand’s 13th National Economic and Social Development Plan (2023-2027) and COVID-19 recovery are supported by a comprehensive and fit-for-purpose financing framework.
Recommendations from a development finance assessment (DFA) will inform a holistic financing strategy to synergize a wide range of tools—from tax and budget to public debt, incentives, and financial instruments—and leverage different types of financing to achieve greater impact. The INFF process provides a platform to strengthen dialogue between policymakers, the private sector, and other development actors, including the Insurance Development Forum (IDF), to unlock new and innovative financing solutions.