The Thaiger
Cabinet approves 18 billion baht loan for State Railway of Thailand
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Thailand’s Cabinet yesterday, November 3, approved 18 billion baht in borrowing for the State Railway of Thailand (SRT) to help cover operating expenses and ease the operator’s cash flow problems during the 2027 fiscal year.
Key facts
- Thailand’s Cabinet yesterday, November 3, approved 18 billion baht in borrowing for the State Railway of Thailand (SRT) to help cover operating expenses and ease the operator’s cash flow problems during the 2027 fiscal year.
- The decision follows a cash shortfall of 18 billion baht in fiscal 2026, when SRT’s payments exceeded the money it received.
- The government said the 18 billion baht loan would provide working capital to help the railway maintain its operations despite insufficient revenue.
- Deputy government spokesperson Ploythalay Laksamisaengchan said the borrowing was approved following a proposal submitted by the Transport Ministry with the approval of Deputy Prime Minister Phiphat Ratchakitprakarn.
Summary
The decision follows a cash shortfall of 18 billion baht in fiscal 2026, when SRT’s payments exceeded the money it received.
Deputy government spokesperson Ploythalay Laksamisaengchan said the borrowing was approved following a proposal submitted by the Transport Ministry with the approval of Deputy Prime Minister Phiphat Ratchakitprakarn.