Supajee: PM orders 2-month extension of Thai Chuay Thai Plus

Prachachat•Politics•1d ago

Reader Briefing

Deputy Prime Minister Supajee Suthamphan announced the Prime Minister's directive to extend the Thai Chuay Thai Plus project for two months.

•The Prime Minister requested Ekniti Nitithandprapas to consider extending the Thai Chuay Thai Plus project for two months.
•The decision is driven by geopolitical risks, including the further closure of the Strait of Hormuz and rising oil prices.
•Additional economic stimulus measures will be implemented immediately without waiting until the end of the year.
•Supajee Suthamphan discussed plans on September 14 with Ekniti Nitithandprapas, Pakorn Nilprapan, and the Ministry of Energy.

•Thailand faces geopolitical risks involving the closure of the Strait of Hormuz and increasing oil prices.
•The Prime Minister requested Ekniti Nitithandprapas to consider extending the Thai Chuay Thai Plus project for two months.
•Supajee Suthamphan indicated that Ekniti Nitithandprapas will clarify the details regarding the monthly budget amount.
•Supajee Suthamphan stated that various funding sources, including emergency decree loans and annual expenditure budgets, may be used.
•Supajee Suthamphan held a small-group meeting on September 14 with Ekniti Nitithandprapas, Pakorn Nilprapan, and the Ministry of Energy.
•The government will launch immediate measures to address oil prices and economic stimulus without waiting until the end of the year.
•Supajee Suthamphan noted that the current crisis may be more severe because the economy has not yet recovered from previous shocks and the Covid-19 period.
•The government intends to implement a comprehensive system-wide approach to economic stimulus beyond the Thai Chuay Thai Plus project.

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Supajee Suthamphan(ศุภจี สุธรรมพันธุ์)

Deputy Prime Minister and Minister of Commerce.

Ekniti Nitithandprapas(เอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance.

Pakorn Nilprapan(ปกรณ์ นิลประพันธ์)

Deputy Prime Minister.

Prime Minister(นายกรัฐมนตรี)ℹ️

The head of government who ordered the extension of the Thai Chuay Thai Plus project.

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️

The ministry led by Supajee Suthamphan.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The ministry led by Ekniti Nitithandprapas.

Ministry of Energy(กระทรวงพลังงาน)ℹ️

A ministry that participated in the small-group meeting on September 14.

Thai Chuay Thai Plus(ไทยช่วยไทยพลัส)

An economic project being extended by the government for two months.

Strait of Hormuz(ช่องแคบฮอร์มุซ)ℹ️

A waterway whose further closure is cited as a geopolitical risk.