Finance Permanent Secretary on 200 Billion Loan Details

Matichon•Politics•31m ago

Reader Briefing

Lavaron Sangsnit clarified the screening process for a 400 billion baht energy loan during a House of Representatives meeting.

•Lavaron Sangsnit admitted that details for the latter 200 billion baht of the loan are not yet available as projects have not been proposed.
•The loan is part of an Emergency Decree for energy crisis resolution and transition with a total budget of 400 billion baht.
•Proposed projects must be urgent, lack sufficient budget, be ready for immediate implementation, and be completed by September 30, 2027.

Overview

•Lavaron Sangsnit spoke on August 26 at the Parliament during the second ordinary session of the 27th House of Representatives.
•The House of Representatives considered the Emergency Decree empowering the Ministry of Finance to borrow 400 billion baht for energy crisis resolution and transition 2026.
•Lavaron Sangsnit stated that details for the second 200 billion baht portion are missing because projects have not yet been submitted for proposal.
•Lavaron Sangsnit explained that a sub-committee of diverse experts was established to provide an initial screening layer before sending projects to the main committee.
•Lavaron Sangsnit confirmed that any project submitted must undergo strict screening and is not guaranteed approval.
•Lavaron Sangsnit noted that an independent evaluation committee chaired by an external expert will be used to ensure professionalism and value for money.
•Lavaron Sangsnit asserted that the only political order received was from Deputy Prime Minister Ekanit to ensure transparency and value for money.
•Lavaron Sangsnit stated the goal is for Thailand to better handle future energy crises and significantly reduce the impact on citizens.

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Source: Matichon (Original)

Key Quotes

Lavaron Sangsnit

"The political order I received consisted of only one order from Deputy Prime Minister Ekanit, asking the committee to work with transparency."

ใบสั่งทางการเมืองที่ผมได้รับมา มีใบสั่งเดียวจากท่านรองนายกเอกนิติ ว่าขอให้คณะกรรมการทำงานด้วยความโปร่งใส

Key Entities

Person

Lavaron Sangsnit(ลวรณ แสงสนิท)

Permanent Secretary of the Ministry of Finance and Chairman of the Loan Expenditure Screening Committee.

Ekanit(เอกนิติ)

Deputy Prime Minister who instructed the committee to work with transparency.

Sophon Sarum(โสภณ ซารัมย์)

Chairman of the House of Representatives.

Organization

Ministry of Finance(กระทรวงการคลัง)ℹ️

The ministry empowered to borrow funds to resolve energy crisis issues.

House of Representatives(สภาผู้แทนราษฎร)ℹ️

The legislative body where the Emergency Decree was considered.

Public Debt Management Office(สำนักงานบริหารหนี้สาธารณะ)

The office whose website will publish the details of proposed projects.

Place

Parliament(รัฐสภา)ℹ️

The location where the House of Representatives meeting took place.

Law

Emergency Decree Empowering the Ministry of Finance to Borrow Money for Resolving the Impact of the Energy Crisis and Creating the Country's Energy Transition 2026(พระราชกำหนด(พ.ร.ก.)ให้อำนาจกระทรวงการคลังกู้เงิน เพื่อแก้ไขปัญหาผลกระทบจากสถานการณ์วิกฤตด้านพลังงานและสร้างการเปลี่ยนผ่านด้านพลังงานของประเทศ พ.ศ.2569)

A decree authorizing a loan of 400 billion baht for energy crisis and transition purposes.