400B Baht Loan Decree Approved, Targets Energy Reform in 1 Year
Post Today•Economy•
Full article content is available on the original source.
Source: Post Today (Original)
Key Quotes
"The 2026 budget is all gone, less than 50 billion baht remaining for uncleared contracts, and only 20 billion baht of central funds, which is definitely not enough. If we wait for the 2027 budget, we have to wait another 5 months, which will severely impact people, causing purchasing power to shrink, leading to business closures. We cannot wait."
งบประมาณปี 2026 มาหมดแล้ว เหลือเงินที่ยังไม่ทำสัญญาไม่ถึง 5 หมื่นล้าน และงบกลางเหลือแค่ 2 หมื่นล้าน ซึ่งไม่พอแน่นอน หากจะรอใช้งบปี 2027 ต้องรออีก 5 เดือน ซึ่งประชาชนจะได้รับผลกระทบหนักเกินไป ทำให้กำลังซื้อหดตัว ส่งผลต่อภาคธุรกิจจะปิดตัวลง ซึ่งเรารอไม่ได้
Key Entities
Person
Deputy Prime Minister and Minister of Finance of Thailand, who announced details of the 400 billion baht loan decree.
Lalorwan Saengsanit(นายลวรณ แสงสนิท)
Permanent Secretary of the Ministry of Finance, who provided updates on the administrative steps for the loan decree and its implementation.
Jindarat Wiriyathaveekul(นางจินดารัตน์ วิริยะทวีกุล)
Director of the Public Debt Management Office, who presented economic model projections regarding the loan's impact on GDP and inflation.
Organization
The Thai government ministry responsible for financial and economic policy, including the issuance of the loan decree.
International financial institution whose recommendations for long-term competitiveness are influencing Thailand's energy structure reform.
The central bank of Thailand, whose guidelines are being followed regarding the adjustment of the public debt to GDP ratio.
Fiscal Policy Office(สำนักงานเศรษฐกิจการคลัง)
The government agency that developed economic models forecasting the GDP growth impact of the 400 billion baht loan.
Public Debt Management Office(สำนักงานบริหารหนี้สาธารณะ)
The agency responsible for managing Thailand's public debt and preparing the debt plan for the newly approved loan.
The legislative body of Thailand where the emergency decree for the loan will be presented for explanation.
Project Scrutiny Committee(คณะกรรมการกลั่นกรองโครงการ)
A committee that will review and approve projects funded by the loan, adhering to the '5T' principles and overseen by government and external experts.
Law
Emergency Decree for 400 Billion Baht Loan(พ.ร.ก. กู้เงิน 4 แสนล.)
A recently approved legislative instrument authorizing the Thai government to borrow 400 billion baht for economic stimulus and energy transition.
Thai Chuai Thai Plus Project(โครงการไทยช่วยไทยพลัส)
A government initiative under the new loan decree, designed to provide relief to citizens, potentially encompassing around 30 million beneficiaries.
State Welfare Card(บัตรสวัสดิการแห่งรัฐ)
A welfare program for low-income individuals that will be integrated into the 'Thai Chuai Thai Plus' package, with new registrations planned for late May.
Khon La Khrueng Plus(คนละครึ่งพลัส)
A pilot project within the 'Thai Chuai Thai Plus' package, combining the 'Khon La Khrueng' (half-half) scheme with state welfare card benefits.