Ekniti Pushes Forward with Regulations to Unlock 400 Billion Baht Loan Fund, Advancing Thailand Helps Thailand Plus Project to Cabinet
Deputy PM Ekniti is finalizing regulations for Thailand's 400 billion baht loan fund under the Thailand Helps Thailand Plus project, with cabinet submission scheduled for May 19 to address the cost-of-living crisis.
Deputy Prime Minister and Finance Minister Ekniti Nitithanprasath outlined plans for the Thailand Helps Thailand Plus project at Government House on May 11, 2025, at 12:45 PM. The government's 60-40 cost-sharing initiative is currently undergoing regulatory framework development and project screening committee setup. Once completed, government agencies will be invited to submit aligned proposals aimed at addressing the cost-of-living crisis and supporting citizens through energy transition reform. The project operates under five guiding principles: clear targets, achieving long-term sustainable transition while reducing public burden, structural reform to strengthen communities after the crisis, transparency through full disclosure and digital technology, and collaborative partnerships involving expert representatives from three private-sector institutions. When asked whether detailed project proposals would be presented to the screening committee on May 14, Ekniti stated that regulatory procedures must be finalized first, and stressed that the Cabinet submission on May 19 would proceed as planned.
