Bangkok Post
Loan decree faces pushback
Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.
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The future of the government's 400-billion-baht emergency loan decree remains uncertain after opposition parties on Monday submitted a petition asking the House Speaker to forward the matter to the Constitutional Court for a ruling.
Key facts
- The future of the government's 400-billion-baht emergency loan decree remains uncertain after opposition parties on Monday submitted a petition asking the House Speaker to forward the matter to the Constitutional Court for a ruling.
- Despite the legal challenge, the government maintains that the decree is already in force following its publication in the Royal Gazette and will continue implementation.
- The plan, designed to address economic pressures and support energy transition measures, has triggered a wider political dispute over legality, necessity, and fiscal risk.
- Opposition parties led by the People's Party (PP) have argued that the decree violates constitutional provisions, particularly Section 172, which allows emergency executive action only in cases of unavoidable urgency.
- PP leader Natthaphong Ruengpanyawut raised concerns about a 200-billion-baht allocation earmarked for energy restructuring. He said this portion is not related to economic security and does not constitute an urgent necessity, yet has been incorporated into the emergency loan decree.
Summary
Despite the legal challenge, the government maintains that the decree is already in force following its publication in the Royal Gazette and will continue implementation.
The plan, designed to address economic pressures and support energy transition measures, has triggered a wider political dispute over legality, necessity, and fiscal risk.