Royal Decree for 400 Billion Baht Loan to Fight Energy Crisis Takes Effect

Thansettakij•Economy•21d ago

Reader Briefing

The Thai government has enacted a royal decree enabling a 400 billion Baht loan to address the ongoing energy crisis.

•A royal decree has been issued to authorize a 400 billion Baht loan, with immediate effect.
•The funds will be allocated to two main plans: mitigating cost burdens (200 billion Baht) and energy transition (200 billion Baht).
•The loan must be finalized by September 30, 2027, and aims to stabilize the economy and promote a low-carbon society.

•The Royal Decree grants the Ministry of Finance authority to borrow up to 400 billion Baht, in Thai Baht or foreign currency.
•The borrowing is to be completed by September 30, 2027.
•200 billion Baht is allocated to a plan to alleviate cost burdens for citizens, farmers, and entrepreneurs.
•The decree was issued due to rising global energy prices impacting living costs and industrial production costs.
•The program aims to stabilize the economy and transition to a low-carbon society for long-term security.
•The Royal Decree takes effect from the day following its announcement in the Royal Gazette.
•The decree became effective on May 9, 2026.
•The National Energy Policy Committee and relevant government agencies, including the Ministry of Finance, are responsible for managing the expenditure transparently.

Full article content is available on the original source.

Royal Gazette(ราชกิจจา)

The official publication where government decrees and laws are announced.

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

A decree authorizing the government to borrow funds to address the energy crisis.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The government ministry responsible for managing public finances and authorized to conduct the borrowing.

National Energy Policy Committee(คณะกรรมการนโยบายพลังงานแห่งชาติ)

The committee responsible for policy related to the nation's energy, tasked with managing the loan expenditures.

Shadow Cabinet(คณะรัฐมนตรีเงา)

A term used to refer to opposition political figures critiquing the government's policies.

Constitutional Court(ศาลรัฐธรรมนูญ)ℹ️

The court that may review the legality of the Royal Decree if challenged.

Prime Minister(นายกฯ)

The head of the Thai government who signs off on the Royal Decree.

Anutin Charnvirakul(อนุทิน ชาญวีรกูล)ℹ️

The Prime Minister who countersigns the Royal Decree for its implementation.