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Government to implement schemes under loan decree pending court ruling

Government to implement schemes under loan decree pending court ruling

11 Sept 23:30 Key points summarised by AI
  • The government will proceed with implementing the 'Thai Chuay Thai Plus' scheme, funded by a 400 billion baht loan decree, despite a pending Constitutional Court ruling on its legality.
  • The loan decree has officially become law, published on May 12, with funds already approved for disbursement by the screening committee.
  • The 'Thai Chuay Thai Plus' scheme is designed to assist state welfare card holders and fund the 60:40 co-payment initiative.
  • Finance Minister Ekniti Nitithanprapas emphasized the decree's crucial role in maintaining economic stability amidst the current 'bread and butter' oil crisis, which is driving inflation and increasing the cost of living.
  • The minister asserted that the additional borrowing is urgent 'medicine' to prevent massive economic damage, stating that waiting for a new budget would be too late.
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