Thai Industry Chief Urges Speedy Use Of 400 Billion Baht Loan
Thailand's top business leader welcomes the Constitutional Court's approval of a 400 billion baht energy loan, urging swift deployment to ease economic pressures while warning that careful spending and proper project prioritization remain c
Thai Chamber of Commerce president Pimjai Lee-Isaranukulchai said the Constitutional Court's 7-2 decision upholding the 400 billion baht borrowing decree for energy crisis management and energy transition represents a constitutional process that must be respected. She did not comment on the ruling itself but emphasized that Thailand's economy has struggled due to energy pressures and rising business costs. The loan mechanism is essential to ease the burden on living costs, reduce business pressures, and sustain economic recovery. However, spending the borrowed funds remains a major challenge requiring careful planning, proper project prioritization, and strategic allocation across regions and target groups while maintaining fiscal discipline and managing public debt. Lee-Isaranukulchai stressed that government stability and policy continuity are critical for investor confidence. Strong, consistent economic policies give businesses and investors confidence to invest and expand operations.
