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B400bn loan projects to be screened this month

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Prime Minister's Office Minister Paradorn Prissananantakul says government agencies will now submit proposals for long-term energy transition projects that provide direct benefits to the public. (Photo: Chanat Katanyu)

The government will begin screening projects under its 400-billion-baht emergency loan programme after the Constitutional Court on Thursday ruled that the emergency borrowing decree is constitutional, clearing the way for the government's spending plans.

Key facts

Summary

The court unanimously upheld provisions authorising borrowing to assist households, farmers and businesses affected by the energy crisis.

In a separate 7-2 ruling, it also endorsed borrowing for energy-efficiency initiatives, renewable and alternative energy projects, and related skills development and innovation programmes.

Read full article at Bangkok Post →