labels: Emergency Decree for Borrowing 4 Billion Baht
The Constitutional Court ruled that the emergency decree authorizing the 4 billion baht loan does not violate the Constitution.
The Constitutional Court ruled by a majority vote that the Emergency Decree on Energy Transition Loan B.E. 2569 (2026), totaling 400 billion baht, does not violate the Constitution.The Constitutional Court has scheduled a ruling on the 4 billion baht loan decree for July 9, 69.
The Constitutional Court has scheduled a ruling on the 4 billion baht loan decree for July 9, 69, after finding that there is sufficient evidence for consideration.The Public Debt Management Office (PDMO) unveils a plan to borrow 1.76 billion baht, beginning with the first tranche of 3.5 billion baht for the "Thai Help Thai Plus" program.
The Public Debt Management Office (PDMO) unveils its fundraising plan for the 400,000 billion baht loan under the Emergency Decree, confirming that 1.76 billion baht will be borrowed gradually to support the first phase of the "Thai Help Thai Plus" project, with the first tranche amounting to 3.5 billion baht.The Constitutional Court has accepted the case for review regarding the 4 billion baht loan decree and ordered the Cabinet to submit explanations within 7 days.
The Constitutional Court has accepted the case for review regarding the Emergency Decree authorizing a 4 billion baht loan for energy relief and transition. The Cabinet has been ordered to prepare a statement and submit copies of relevant documents within 7 days of receiving the letter.The screening board has approved "Thai Help Thai Plus," and it's expected to be submitted to the Cabinet on May 19th.
The screening committee approved the "Thai Helps Thai Plus" project, with the first project utilizing funds from the 400,000 billion baht loan decree.Dr. Ekniti insists that borrowing 4 billion baht to combat the economic tsunami is not a blank check.
Dr. Ekniti revealed that the 4 billion baht loan decree is a shield against an economic tsunami, emphasizing that it's not a blank check. He explained that the reason for not reducing the excise tax on oil is because it's not cost-effective...The Bank of Thailand indicates that the 4 billion baht borrowing decree will boost GDP by 0.6% in 69, with only minimal inflation movement. The bank remains confident that the interest rate will remain at 1%...
The Bank of Thailand estimates that the 4 billion baht borrowing decree will boost GDP growth by 0.6% in 2569, from 1.5%, with a minimal impact on inflation. It indicates that a policy interest rate of 1% is appropriate.Finance Minister reveals borrowing of 2 billion baht, "borrowing will be done gradually as needed," emphasizing the importance of maintaining fiscal discipline.
The Finance Minister revealed the public debt management plan, which will see the Emergency Decree authorizing borrowing of 4 billion baht submitted to the Cabinet on May 19th. The first borrowing of 2 billion baht will be phased in gradually to avoid wasted interest. The plan also includes issuing Savings Plus bonds to allow retail investors to purchase them monthly.The Prime Minister reiterated that the emergency decree for borrowing 4 billion baht is urgently necessary to help improve the livelihoods of the people.
The Prime Minister reiterated that the 4 billion baht loan decree is an urgent measure to help the public cope with the cost of living and energy crises, and expressed confidence that it will not be disrupted.The People's Party-Democrat Party has filed a petition with the Constitutional Court to interpret whether the emergency decree authorizing the 4 billion baht loan violates the Constitution.
The People's Party-Democrat Party has filed a petition with the Constitutional Court to interpret whether the emergency decree authorizing the 4 billion baht loan violates Article 172 of the Constitution, and also requested a suspension of the use of the borrowed funds for energy restructuring.
