Weerayut slams 400-billion loan for serving political interests

MGR Online•Politics•16m ago

Reader Briefing

Weerayut Kanchuchat opposed the approval of a 400-billion baht loan decree, alleging it serves political gains rather than national development.

•Weerayut Kanchuchat debated against a 400-billion baht loan decree on August 26.
•Weerayut Kanchuchat claimed the first 200-billion baht portion was used for political gain to help Anutin gain popularity.
•The loan decree is alleged to ignore vulnerable groups, SMEs, and laborers.
•Weerayut Kanchuchat warned that the second loan portion could open doors for patronage networks.

•Weerayut Kanchuchat delivered a debate on August 26 regarding a 400-billion baht loan decree.
•Weerayut Kanchuchat stated that the government has not achieved the objectives of the loan decree.
•Weerayut Kanchuchat asserted that vulnerable groups, the agricultural sector under Anutin, SMEs, and laborers are being neglected.
•Weerayut Kanchuchat noted there were as many as 400,000 unemployed people in the second quarter.
•Weerayut Kanchuchat criticized Ekniti and the economic team for believing the economy is moving in the right direction toward a new economy.
•Weerayut Kanchuchat argued the first 200-billion baht loan was used to serve the government's political goals and allow Anutin to visit markets for votes.
•Weerayut Kanchuchat warned that the second loan portion lacks a systematic transition plan and may serve internal political needs to benefit patronage networks.
•Weerayut Kanchuchat declared that he cannot agree with the approval of the loan decree.

Full article content is available on the original source.

Weerayut Kanchuchat(วีระยุทธ กาญจน์ชูฉัตร)

A person who debated against the 400-billion baht loan decree.

Anutin(อนุทิน)ℹ️

A person associated with a government that Weerayut Kanchuchat claims neglected the agricultural sector.

Ekniti(เอกนิติ)

A person and part of the economic team who believes the economy is moving in the right direction.

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

A loan decree that Weerayut Kanchuchat argues does not build the country's future and serves patronage networks.