400 Billion Baht Loan Decree Procedures Explained: Thai Chuey Thai Plus Registrations Late May

Matichon•Politics•8d ago

Reader Briefing

Thailand's Deputy PM Ekniti outlines the process for a 400 billion baht loan decree, confirming the 'Thai Chuey Thai Plus' program will launch registrations by the end of May.

•Thai Deputy Prime Minister Ekniti Nitithanprapas announced the procedures for a 400 billion baht loan decree.
•The 'Thai Chuey Thai Plus' program is confirmed as one of the initiatives to be funded.
•Registrations for the 'Thai Chuey Thai Plus' program are expected to open by the end of May.

Overview

•On May 5, Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas addressed the Cabinet's approval of a 400 billion baht loan decree.
•Following the announcement in the Royal Gazette on May 14, the decree must be presented to Parliament.
•A project screening committee will be established with the Permanent Secretary of the Ministry of Finance as chairman.
•The purpose of the decree will be broadly defined, emphasizing transparency and disclosure.
•Ekniti Nitithanprapas confirmed that the 'Thai Chuey Thai Plus' project aligns with the decree's objectives to aid the public and entrepreneurs.
•Funding for 'Thai Chuey Thai Plus' will come partly from this loan decree and partly from budget transfers, with normal budgets also considered.
•Ekniti Nitithanprapas stated that registration for eligible recipients, including welfare cardholders, is anticipated by the end of May.
•The initial estimate suggests approximately 30 million beneficiaries could be accommodated, a number considered sufficient based on previous similar programs.

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Key Quotes

Ekniti Nitithanprapas

"Thai Chuey Thai Plus is one of the projects aligned with the objective to assist the public and entrepreneurs."

ใครช่วยไทยพลัสเป็นหนึ่งในโครงการที่สอดคล้องกับวัตถุประสงค์ที่จะนำมาช่วยเหลือประชาชนและผู้ประกอบการ

Ekniti Nitithanprapas

"Thai Chuey Thai Plus project will definitely happen, and the Ministry of Finance will consider its funding sources."

โครงการไทยช่วยไทยพลัสมีแน่ ส่วนแหล่งเงินจะมาจากที่ใด กระทรวงการคลังจะเป็นผู้พิจารณา

Ekniti Nitithanprapas

"I think it will be done simultaneously by the end of May."

คิดว่าจะทำพร้อมกันในช่วงปลายเดือนพฤษภาคม

Key Entities

Person

Ekniti Nitithanprapas(เอกนิติ นิติทัณฑ์ประภาศ)ℹ️

Deputy Prime Minister and Minister of Finance of Thailand, who explained the procedures for a 400 billion baht loan decree.

Permanent Secretary of the Ministry of Finance(ปลัดกระทรวงการคลัง)

The individual designated to chair the project screening committee for the 400 billion baht loan decree.

Organization

Cabinet(คณะรัฐมนตรี (ครม.))ℹ️

The Thai governmental body that approved the 400 billion baht loan decree.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The Thai government ministry responsible for considering funding sources for the 'Thai Chuey Thai Plus' program.

Program

Thai Chuey Thai Plus(ไทยช่วยไทยพลัส)

A government program aimed at assisting the public and entrepreneurs, to be funded partly by the 400 billion baht loan decree.

Law

400 Billion Baht Loan Decree(พ.ร.ก.กู้เงิน 4 แสนล.)

A recently approved legal instrument authorizing Thailand to borrow 400 billion baht.

Policy

State Welfare Card(บัตรสวัสดิการแห่งรัฐ)

A card held by eligible citizens that may grant them access to benefits under government programs like 'Thai Chuey Thai Plus'.