Pradon: Loan Decree funds available for Thai Chuay Thai Plus Phase 2

Prachachat•Politics•1d ago

Reader Briefing

Minister Pradon Prisnananthakul stated that funds from the Emergency Loan Decree could be used for the Thai Chuay Thai Plus Phase 2 project pending approval from the Ministry of Finance.

•Pradon Prisnananthakul confirmed that the Emergency Loan Decree allows for the continuation of the Thai Chuay Thai Plus Phase 2 project.
•The Ministry of Finance and the economic team are evaluating the appropriateness of the current situation for the project.
•Approximately 40-50 billion baht remains from the first loan installment.
•The Emergency Loan Decree does not prohibit using the subsequent 200 billion baht loan if funds are insufficient.

Overview

•Pradon Prisnananthakul serves as the Minister attached to the Prime Minister's Office overseeing the Bureau of the Budget.
•The Screening Committee for the use of loan funds from the Emergency Loan Decree has proposed details for the extension of the Thai Chuay Thai Plus Phase 2 project.
•The Ministry of Finance must decide if the current situation is appropriate before sending the matter to the committee and then to the Cabinet.
•Pradon Prisnananthakul noted that the decision on the project's extension depends on the Ministry of Finance's model regarding the number of rights, amount of money, and duration.
•There are 40-50 billion baht remaining from the first portion of the loan funds.
•Pradon Prisnananthakul stated that the first 200 billion baht of the loan has not yet been exhausted.
•Pradon Prisnananthakul clarified that the Emergency Loan Decree does not contain any provisions prohibiting the use of funds for this project.

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Key Entities

Person

Pradon Prisnananthakul(ภราดร ปริศนานันทกุล)

Minister attached to the Prime Minister's Office overseeing the Bureau of the Budget.

Ekniti Nitithanpraphas(เอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance.

Organization

Ministry of Finance(กระทรวงการคลัง)ℹ️

The ministry responsible for evaluating the appropriateness of the Thai Chuay Thai Plus Phase 2 project.

Bureau of the Budget(สำนักงบประมาณ)ℹ️

The agency overseen by Pradon Prisnananthakul.

Screening Committee for the use of loan funds from the Emergency Loan Decree(คณะกรรมการกลั่นกรองการใช้จ่ายเงินกู้จากพระราชกำหนดกู้เงินฯ)

The committee that proposed details for the extension of the Thai Chuay Thai Plus Phase 2 project.

Cabinet(คณะรัฐมนตรี)

The body that will consider the project after it is approved by the committee.

Law

Emergency Loan Decree(พ.ร.ก.กู้เงินฯ)

The legislation providing loan funds that can be used for the Thai Chuay Thai Plus Phase 2 project.

Policy

Thai Chuay Thai Plus Phase 2(ไทยช่วยไทยพลัส เฟส 2)

A project proposed for extension using funds from the Emergency Loan Decree.