Thai Court Rules Government's $15 Billion Emergency Loan Is Lawful The Constitutional Court of Thailand has given the green light to the government's $15 billion emergency loan decree, a decision that raises more questions than it answers about the administration's handling of its economic woes.
The loan will fund a consumer subsidy scheme and support Thailand's transition to green energy.
Critics argue that an emergency decree was unnecessary, pointing out that the government could have used the fiscal budget to fund clean energy programs without resorting to borrowing.