Parliament approves 400 billion loan decree for energy crisis

Thansettakij•Economy•20m ago

Reader Briefing

The Parliament has officially approved an Emergency Decree allowing for a 400 billion loan to address the energy crisis.

•The Parliament approved the Emergency Decree with 285 votes in favor and 141 against.
•A total of 478 members attended the meeting, satisfying the quorum requirement.
•The approved decree allows the Ministry of Finance to borrow funds to mitigate the energy crisis and support energy transition.

•The Meeting Chairperson requested members to identify themselves to verify the quorum.
•A total of 478 members participated in the meeting, fulfilling the quorum requirement.
•The Parliament voted 285 in favor and 141 against the Emergency Decree.
•The Parliament officially approved the Emergency Decree.
•The Meeting Chairperson thanked the members and closed the meeting following the approval.
•The Emergency Decree enables the Ministry of Finance to borrow money to alleviate the impact of the energy crisis.
•The Emergency Decree supports the country's energy transition according to the specified framework.

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Parliament(สภาฯ)ℹ️

The legislative body that voted to approve the Emergency Decree.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The organization authorized to carry out the borrowing under the approved Emergency Decree.

Emergency Decree for 400 Billion Loan(พ.ร.ก.กู้เงิน 4 แสนล้าน)

A decree approved by Parliament to allow borrowing for the energy crisis and energy transition.