Bangkok Post
B400bn loan projects to be screened this month
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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
- 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
- The court unanimously upheld provisions authorising borrowing to assist households, farmers and businesses affected by the energy crisis.
- The committee will assess each proposal and determine whether it should proceed or be revised, while ensuring approved projects do not overlap with programmes already funded under the 2027 fiscal budget, Mr Paradorn said.
- 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.
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.