Anutin: 400 Billion Loan Last Resort for Energy Crisis

Post Today•Politics•14h ago

Reader Briefing

Prime Minister Anutin Charnvirakul announced a proposal to borrow up to 400,000 million baht to address the energy crisis and transition the country's energy sector.

•Anutin Charnvirakul announced the proposal at the House of Representatives on August 26, 2026.
•The government seeks to issue an Emergency Decree allowing the Ministry of Finance to borrow up to 400,000 million baht.
•The loan is divided into two equal parts of 200,000 million baht each for public relief and energy efficiency improvement.
•The government asserts that public debt will remain within the 70% GDP framework.

Overview

•Anutin Charnvirakul addressed the House of Representatives on August 26, 2026.
•Anutin Charnvirakul stated the loan is a last resort because existing funds from early 2026 are insufficient and the 2027 annual budget cannot be used until October.
•Anutin Charnvirakul noted that the current budget deficit borrowing limit has only approximately 17,000 million baht remaining.
•The government plans to use 200,000 million baht to assist citizens, farmers, and entrepreneurs to reduce living costs and business expenses.
•The government plans to use another 200,000 million baht to support a transition to domestic renewable and alternative energy to reduce fossil fuel imports.
•Anutin Charnvirakul confirmed that the public debt-to-GDP ratio will not exceed 70% even after the 400,000 million baht loan.
•The Ministry of Finance has prepared a systematic debt repayment plan for principal and interest to control costs and risks.
•Anutin Charnvirakul emphasized that every baht must be used according to the objectives, be transparent, and be verifiable.

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Key Quotes

Anutin Charnvirakul

"last resort"

ทางเลือกสุดท้าย

Key Entities

Person

Anutin Charnvirakul(อนุทิน ชาญวีรกูล)ℹ️

Prime Minister and Minister of Interior.

Place

Parliament(รัฐสภา)ℹ️

The location where Anutin Charnvirakul made the announcement.

Organization

House of Representatives(สภาผู้แทนราษฎร)ℹ️

The assembly to which Anutin Charnvirakul delivered the statement.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The organization authorized to borrow money and create the debt repayment plan.

Ministry of Interior(กระทรวงมหาดไทย)ℹ️

The ministry headed by Anutin Charnvirakul.

Law

Emergency Decree Authorizing the Ministry of Finance to Borrow Money for Resolving the Impacts of the Energy Crisis and Creating the Country's Energy Transition 2026(พระราชกำหนดให้อำนาจกระทรวงการคลังกู้เงิน เพื่อแก้ไขผลกระทบจากวิกฤตพลังงานและสร้างการเปลี่ยนผ่านด้านพลังงานของประเทศ พ.ศ. 2569)

The proposed decree to allow borrowing of up to 400,000 million baht.