PM Anuthин to Review Finances Before Phase 2 Economic Stimulus

At a press briefing on August 7, 2025, at Government House, Prime Minister Anuthín Charnvirakul and Interior Minister outlined details of Phase 2 of the 'Thai Help Thai Plus' program, which will follow Phase 1's September conclusion. The PM said the government will consider any policy that benefits the economy, improves commerce, and enhances public quality of life.

When asked whether spending conditions would shift from the current 60:40 ratio to 50:50, Anuthín said he had not delved into specifics because the government must first review its financial position. He emphasized the need to check the state budget regardless of whether Phase 2 uses regular appropriations or borrowing authority, noting that some critics claim borrowing will burden citizens. He highlighted that a recent borrowing decree carries only 1.2% interest and should proceed if the economic benefits exceed that cost.

The PM stressed that borrowed funds must circulate through the broader economy, not benefit individuals, and pointed to improving confidence indices, investment, trade, and export figures as evidence of success—outcomes he noted few publicly acknowledge. On further stimulus plans, Anuthín cited efforts to manage electricity costs fairly, reform data center operations to reduce waste, and attract foreign investment, which has increased employment for Thai workers. When asked about the government's current financial health, he stated that reserves and other indicators remain strong.