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Government plans 500-billion-baht emergency loan

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Thailand prepares emergency borrowing plan over climate and energy risks

The government is preparing an emergency loan decree worth 500 billion baht to strengthen its reserves against looming economic shocks. Officials said the move is being driven by concerns over a possible super El Niño, elevated global energy prices and the knock-on effects of conflict abroad. Deputy Prime Minister Pakorn Nilpraphat said the treasury’s current position leaves limited room to react quickly if conditions worsen. Under the constitutional process, the decree would need to be submitted to the House of Representatives after issuance. The full amount may not be used, but the debt ceiling would still need to be raised to accommodate the authorised borrowing limit.

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