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Thailand approves emergency 400 billion baht loans to tackle energy crisis
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BANGKOK — 5 May 2026, Thai cabinet has approved an emergency decree authorising the Finance Ministry to borrow 400 billion baht funds to address the impact of the global energy crisis, Prime Minister Anutin Charnvirakul said on Tuesday.
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BANGKOK — 5 May 2026, Thai cabinet has approved an emergency decree authorising the Finance Ministry to borrow 400 billion baht funds to address the impact of the global energy crisis, Prime Minister Anutin Charnvirakul said on Tuesday.
BANGKOK — 5 May 2026, Thai cabinet has approved an emergency decree authorising the Finance Ministry to borrow 400 billion baht funds to address the impact of the global energy crisis, Prime Minister Anutin Charnvirakul said on Tuesday.
Speaking at Government House, Anutin said the decision followed escalating conflict in the Middle East, which has driven up energy prices and severely affected the global economy. The crisis has spread from energy costs to food prices and the cost of living, creating an urgent situation that cannot be delayed, he said.