Finance Ministry to Propose 400 Billion Baht Loan Decree to Cabinet on May 5

Thansettakij•Economy•87d ago

Reader Briefing

The Thai Finance Ministry is set to present a draft decree for a 400 billion baht loan to the Cabinet on May 5th, intended to mitigate economic impacts from the Middle East situation.

•The Thai Finance Ministry has concluded discussions and will propose a 400 billion baht loan decree to the Cabinet on May 5, 2026.
•The loan is intended to address economic repercussions from the ongoing Middle East unrest.
•The decision follows a meeting on April 30, 2026, attended by the Prime Minister and key economic officials.

Overview

•On April 30, 2026, the Prime Minister and governmental economic team met at the Government House.
•The Finance Ministry is prepared to propose a draft decree authorizing the Finance Ministry to borrow 400 billion baht.
•The Finance Ministry will present the draft loan decree to the Cabinet for consideration on May 5, 2026.
•The loan is necessary to prepare funds for economic impacts arising from the Middle East conflict, as the emergency reserve fund is only 20 billion baht.
•The current emergency and necessary expenditure reserve fund has only 20 billion baht remaining.
•The Middle East situation is not expected to end quickly, necessitating proactive economic measures.
•The government stated that the loan will be used as needed and in accordance with cost-effective planned projects.
•The draft loan decree is ready for submission to the Cabinet for consideration.

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Source: Thansettakij (Original)

Key Quotes

Prime Minister

"We have set a budget framework, but we will decide how much to actually use later."

เราตั้งกรอบวงเงินไว้แต่จะใช้จริงเท่าไหร่ค่อยว่ากัน

Prime Minister

"Around that amount."

แถวๆนั้นแหละ

Key Entities

Organization

Ministry of Finance(กระทรวงการคลัง)ℹ️

The government body responsible for proposing the 400 billion baht loan decree.

Cabinet(คณะรัฐมนตรี (ครม.))ℹ️

The government body that will consider and approve the 400 billion baht loan decree.

Person

Anutin Charnvirakul(นายอนุทิน ชาญวีรกูล)ℹ️

Prime Minister and Minister of Interior, who met with the economic team regarding the loan decree.

Ekniti Nitithanprapas(นายเอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance, who led discussions on the loan decree.

Pharadon Parisnanthakol(นายภราดร ปริศนานันทกุล)

Minister Attached to the Prime Minister's Office, who attended the economic team meeting.

Vitul Ratchata-anan(นายวิทัย รัตนากร)

Governor of the Bank of Thailand, who participated in the economic team meeting.

Danucha Pichyanon(นายดนุชา พิชยนันท์)

Secretary-General of the National Economic and Social Development Council, who attended the economic team meeting.

Lavaron Sangsnita(นายลวรณ แสงสนิท)

Permanent Secretary of the Ministry of Finance, who attended the economic team meeting.

Winij Wisessuwanapoom(นายวินิจ วิเศษสุวรรณภูมิ)

Director of the Fiscal Policy Office, who attended the economic team meeting.

Anant Kaewkamnead(นายอนันต์ แก้วกำเนิด)

Director of the Budget Bureau, who attended the economic team meeting.

Law

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

The proposed decree that will authorize the Ministry of Finance to borrow 400 billion baht.

Place

Thailand(ประเทศไทย)ℹ️

The country where the economic situation and proposed loan decree are taking place.

Middle East(ภูมิภาคตะวันออกกลาง)ℹ️

The region experiencing unrest that is impacting Thailand's economy.