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NESDC sees rising global risks in 2023

Soldiers of the armed forces of Ukraine take part in military exercises in Odessa region on Wednesday. The National Economic and Social Development Council says the ongoing war in Ukraine is becoming a greater geopolitical risk next year. (AFP photo)

Structural changes in geopolitics are likely to create more risks for the Thai economy next year, warns the state planning unit’s chief.

Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the ongoing war in Ukraine is expected to become more complex and unpredictable, potentially becoming a greater geopolitical risk in 2023.

“Several factors are driving this elevated risk, starting with structural changes in the geopolitical…

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