Anutin Thanks Constitutional Court, Vows to Use Loan Funds Wisely

Khaosod•Politics•17d ago

Reader Briefing

Thai Prime Minister Anutin Charnvirakul expressed gratitude to the Constitutional Court for approving the 400 billion baht loan decree, emphasizing its use for economic stimulus and reduced energy costs.

•Anutin Charnvirakul, Acting Prime Minister and Minister of Interior, thanked the Constitutional Court and pledged to use loan funds efficiently.
•The Constitutional Court ruled that the royal decree to borrow 400 billion baht for energy crisis mitigation and transition is constitutional.
•Loan funds will be utilized to restructure the energy sector, aiming to lower electricity costs for citizens and stimulate the economy.

Overview

•Anutin Charnvirakul expressed gratitude to the Constitutional Court judges for expediting the ruling on the royal decree.
•The Constitutional Court ruled that the royal decree authorizing the Ministry of Finance to borrow 400 billion baht is not unconstitutional.
•The loan is intended to address the impacts of the energy crisis and facilitate the country's energy transition.
•Anutin Charnvirakul assured that all loan funds will be used economically to provide maximum value to the public.
•The borrowed funds are designated as 'loan money,' not budget money, necessitating careful and valuable usage.
•The Ministry of Finance successfully negotiated a low interest rate of 1.2% for the loan.
•The funds will be used to restructure the energy sector, resulting in reduced electricity expenses for the public.
•The loan is expected to stimulate the economy through a 'Multiply Effect,' generating tax revenue from increased economic circulation.

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Key Quotes

Anutin Charnvirakul

"Thank you to all Constitutional Court judges for kindly expediting the ruling on the said royal decree. The government will be confident in using every baht and satang for maximum value for the people."

ขอบพระคุณตุลาการศาลรัฐธรรมนูญทุกคน ที่ให้ความกรุณาเร่งคำวินิจฉัยของ พ.ร.ก.ดังกล่าวด้วยความรวดเร็ว รัฐบาลจะได้มีความมั่นใจว่าจะใช้เงินทุกบาททุกสตางค์ ให้เกิดความคุ้มค่าสูงสุดให้กับประชาชน

Anutin Charnvirakul

"We guard every baht and satang, because the name itself says 'loan money,' not budget money. Therefore, every baht and satang must be used with value."

เรานั่งเฝ้าเงินทุกบาททุกสตางค์ เพราะชื่อก็บอกอยู่แล้วว่า เงินกู้ ไม่ใช่เงินงบประมาณ ดังนั้น ต้องใช้เงินทุกบาททุกสตางค์ให้คุ้มค่า

Key Entities

Person

Anutin Charnvirakul(อนุทิน ชาญวีรกูล)ℹ️

Acting Prime Minister and Minister of Interior of Thailand, who commented on the government's use of loan funds.

Organization

Constitutional Court(ศาลรธน.)ℹ️

The judicial body that ruled on the constitutionality of the government's royal decree to borrow funds.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The government ministry responsible for negotiating and managing the country's finances, including the 400 billion baht loan.

Law

Royal Decree to Borrow Money(พ.ร.ก.กู้เงิน)

The royal decree authorizing the Ministry of Finance to borrow 400 billion baht to address the energy crisis and facilitate energy transition.

Place

Kuala Lumpur(กรุงกัวลาลัมเปอร์)ℹ️

The capital city of Malaysia, where the statement by Anutin Charnvirakul was made.