PM Signs 400 Billion Baht Loan Decree, Urges Transparency

Thansettakij•Politics•3d ago

Reader Briefing

Prime Minister Anutin Charnvirakul has officially signed a royal decree authorizing the government to borrow 400 billion baht to address energy crisis impacts and fund energy transition, emphasizing strict oversight for transparency and public benefit.

•Prime Minister Anutin Charnvirakul has signed a royal decree allowing the government to borrow 400 billion baht.
•The loan aims to mitigate impacts from the energy crisis and support the nation's energy transition.
•The Prime Minister has pledged close monitoring of fund usage to ensure transparency and prevent mismanagement.

Overview

•Prime Minister Anutin Charnvirakul signed the royal decree authorizing the Ministry of Finance to borrow funds.
•The total loan amount authorized is 400 billion THB.
•The loan is intended to address the impacts of the energy crisis and facilitate the country's energy transition.
•Prime Minister Anutin Charnvirakul stated that he, as the head of government, will personally oversee the loan to ensure no misuse or leakage.
•The decree will be published in the Royal Gazette, and a screening committee chaired by the Permanent Secretary of Finance will be established.
•The funds aim to directly benefit citizens and reduce their cost of living, improving their quality of life.
•Prime Minister Anutin Charnvirakul emphasized that the loan is 'for the people only' and guaranteed strict supervision and transparency.
•The Bank of Thailand has cautioned that the decree must be used precisely, noting the Thai economy remains fragile.

Full article content is available on the original source.

Read on Thansettakij (Thai Version)View in Google Translate

Source: Thansettakij (Original)

Key Quotes

Anutin Charnvirakul

"I want to emphasize that I am the head of government who just signed the decree. Therefore, every baht of this loan, I must oversee to prevent misuse or any leakage."

ผมขอเรียนย้ำว่าผมเป็นหัวหน้ารัฐบาลที่เพิ่งลงนามใน พ.ร.ก. เพราะฉะนั้นเงินกู้นี้ทุกบาททุกสตางค์ ผมต้องกำกับดูแลไม่ให้มีการใช้ผิดประเภท ไม่ให้มีการรั่วไหลใดๆเลย

Anutin Charnvirakul

"For this 400 billion baht, I give my promise that I and all cabinet members will closely monitor it so not a single satang is lost."

400,000 ล้านบาทนี้ ขอให้คำมั่นสัญญาเลยว่า ผมและคณะรัฐมนตรีทุกท่านเฝ้าระวังอย่างใกล้ชิดไม่ให้หลุดไปแม้แต่สตางค์แดงเดียว

Anutin Charnvirakul

"For the people only."

เพื่อประชาชนเท่านั้น

Anutin Charnvirakul

"Regarding the loan, the interest cost is almost incomparable to the benefits for the people."

โดยการกู้เงิน เรื่องของดอกเบี้ยเมื่อเทียบโอกาสของพี่น้องประชาชนแทบจะเทียบกันไม่ได้เลย

Key Entities

Person

Anutin Charnvirakul(นายอนุทิน ชาญวีรกูล)ℹ️

Prime Minister and Minister of Interior who signed the royal decree for a 400 billion baht loan.

Permanent Secretary of Finance(ปลัดกระทรวงการคลัง)

The individual designated to chair the project screening committee for the 400 billion baht loan.

Organization

Ministry of Finance(กระทรวงการคลัง)ℹ️

The government ministry authorized to borrow funds via the royal decree.

Bank of Thailand (BOT)(ธปท.)ℹ️

The central bank that warned about the precise use of the 400 billion baht loan decree.

Law

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

The legislation signed by the Prime Minister authorizing government borrowing to address energy crisis impacts and fund energy transition.