PM discusses 500B loan, launches 'Thai Helps Thai' project to cut living costs.

Matichon•Economy•88d ago

Reader Briefing

Prime Minister Anutin Charnvirakul convened an economic team meeting to discuss a 500 billion baht loan decree and the 'Thai Helps Thai' initiative aimed at reducing living costs, with a project launch scheduled for May 1.

•Prime Minister Anutin Charnvirakul held a meeting with economic ministers and relevant agencies concerning a draft loan decree and the 'Thai Helps Thai Plus' project.
•The 'Thai Helps Thai Plus' project, also referred to as 'Kon La Khrueng Plus', is planned to launch on June 1, targeting over 30 million individuals, including welfare cardholders.
•Discussions also covered the revised economic outlook, with the GDP forecast lowered to 1.5-1.6%, and Thailand's upcoming hosting of the World Bank and IMF Annual Meetings in 2026.
•The 'Thai Helps Thai' product sales project, designed to lower living costs, is set to be officially opened by the Prime Minister on May 1.

Overview

•On April 30, Prime Minister Anutin Charnvirakul arrived at Government House to chair an economic team meeting.
•Prime Minister Anutin Charnvirakul stated that there are legal procedures to follow for the loan decree, ensuring it complies with the constitution and benefits the nation.
•The government is considering a loan framework of 500 billion baht, with the exact amount to be used later.
•Deputy Prime Minister and Finance Minister Ekkanit Nitithanprapas previously announced that the 'Thai Helps Thai Plus' or 'Kon La Khrueng Plus' project would commence on June 1.
•The 'Thai Helps Thai Plus' project is expected to benefit over 30 million people, including 13.2 million welfare cardholders and the general public.
•On May 1, 2026, at 11:00 AM, Prime Minister Anutin Charnvirakul will officiate the opening and visit booths at the 'Thai Helps Thai' product sales project in Bangyai City Market, Nonthaburi.
•Economic agencies including the Ministry of Finance and the Bank of Thailand have revised the GDP forecast for this year down to 1.5-1.6% due to rising energy prices from the Middle East conflict.
•Thailand is scheduled to host the 2026 Annual Meetings of the IMF–World Bank Group in October 2026.

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Key Quotes

Prime Minister Anutin Charnvirakul

""Around that amount.""

“แถวๆนั้นแหละ”

Key Entities

Person

Anutin Charnvirakul(นายอนุทิน ชาญวีรกูล)ℹ️

Prime Minister and Minister of Interior of Thailand.

Ekkanit Nitithanprapas(นายเอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance of Thailand.

Pharadon Parisnanond(นายภราดร ปริศนานันทกุล)

Minister of Finance (mentioned as attending meetings related to economic policy).

Wuttipong Charnvirakul(นายวิทัย รัตนากร)

Governor of the Bank of Thailand.

Lervan Singsanit(นายลวรณ แสงสนิท)

Permanent Secretary of the Ministry of Finance.

Danucha Pichayanan(นายดนุชา พิชยนันท์)

Secretary-General of the National Economic and Social Development Council.

Anant Kaewkamnerd(นายอนันต์ แก้วกำเนิด)

Director of the Bureau of the Budget.

Organization

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️

Central bank of Thailand, involved in economic forecasting.

Ministry of Finance(กระทรวงการคลัง)ℹ️

Government ministry responsible for financial policy and revenue.

Cabinet(คณะรัฐมนตรี)ℹ️

The executive body of the Thai government; its approval is sought for new policies.

World Bank and International Monetary Fund (IMF)(สภาผู้ว่าการธนาคารโลก (World Bank) และกองทุนการเงินระหว่างประเทศ (IMF))ℹ️

International financial institutions whose annual meetings Thailand will host in 2026.

Place

Bangyai City Market(ตลาดบางใหญ่ ซิตี้)

The venue for the official opening of the 'Thai Helps Thai' product sales project.

Law

Loan Decree(พ.ร.ก.กู้เงิน)

A draft royal decree for borrowing funds, currently under legal review.