Prime Minister Expresses Gratitude for Constitutional Court’s Decision on Emergency Decree

Kuala lumpur: The Prime Minister thanked the Constitutional Court for ruling that the emergency decree on borrowing money does not violate the law. The Prime Minister thanked the Constitutional Court judges after they ruled that the emergency decree for borrowing money did not violate any laws. He affirmed that every baht would be used wisely, hoping to stimulate the economy and reduce the burden of energy costs.

According to Thai News Agency, Prime Minister and Minister of Interior Anutin Charnvirakul gave an interview today at 5:15 PM local time regarding the Constitutional Court's ruling. The ruling confirmed that the Emergency Decree, which authorizes the Ministry of Finance to borrow money to address the energy crisis and facilitate the country's energy transition, aligns with the Constitution. Anutin expressed his gratitude to the Constitutional Court judges for their swift decision, which allows the government to proceed with financial plans to benefit the populace.

Addressing whether the government will operate more smoothly following the ruling, Anutin stated that the administration maintains peace of mind, operating with sincerity and dedication to the public's welfare. He emphasized the careful monitoring of financial expenditures, noting the importance of using borrowed funds efficiently. Anutin highlighted the favorable interest rate of 1.2%, negotiated by the Ministry of Finance, which facilitates creating added value and generating benefits through economic activities. The low interest reduces concerns about budget sufficiency for interest payments. Additionally, the emergency decree will support restructuring the energy sector, aiming to reduce electricity costs for citizens and enhance economic value nationwide.