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News Wire / politics

Thailand Approves $12.2 Billion Emergency Loan For Energy Crisis

MCOT FM 100.5 News Bangkok 8d7d Impact 9

Vice President Chen Qi announced at a Prime Minister's Office meeting that the government will advance 'Solar Sales' services. The plan also incorporates a scheme for trading old cars for new electric vehicles. This funding aims to support various initiatives, potentially including a car trade-in program for electric vehicles. The long-term impact of a 20 million baht investment is uncertain, but it may stimulate the market, such as through the installation of solar-powered road lights. The plan includes subsidies for electric vehicle (EV) producers to lower prices and incentives for replacing old vehicles with EVs. The project is expected to be submitted to the cabinet for approval. Additionally, funds are earmarked for environmental subsidies and potentially a car scrappage program for electric vehicles.

Vice President Chen Qi announced at a Prime Minister's Office meeting that the government will advance 'Solar Sales' services. The plan also incorporates a scheme for trading old cars for new electric vehicles. This funding aims to support various initiatives, potentially including a car trade-in program for electric vehicles. The long-term impact of a 20 million baht investment is uncertain, but it may stimulate the market, such as through the installation of solar-powered road lights. The plan includes subsidies for electric vehicle (EV) producers to lower prices and incentives for replacing old vehicles with EVs. The project is expected to be submitted to the cabinet for approval. Additionally, funds are earmarked for environmental subsidies and potentially a car scrappage program for electric vehicles. The plan includes a 60% subsidy for 30 million people, with the government covering 40% of costs. Thai Prime Minister Anutin Charnvirakul announced that the cabinet approved a draft emergency decree authorizing the Ministry of Finance to borrow up to 400 billion Thai baht (approximately $12.2 billion USD). This loan is intended to address the energy crisis exacerbated by the conflict in the Middle East and to promote the nation's energy transition. The decision was made by Deputy Prime Minister Anutin Charnvirakul on May 5th. The Ministry of Finance recently cited factors like the Middle East war as impacting the situation.

Topics

energy solar power government services

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Sources · 7 independent

MCOT FM 100.5 News

“Vice President Chen Qi announced at a Prime Minister's Office meeting that, under the Prime Minister's instructions, energy departments and relevant sectors are required to quickly establish 'Besede' or 'One-Stop Service' consultation centers.”

MCOT FM 100.5 News

“要求能源部门和相关部门迅速设立类似“贝塞德”或“One-Stop Service”咨询中心,以便公众了解政府的信息和资金来源”

MCOT FM 100.5 News

“In the Prime Minister's Office meeting, Deputy National Vice President Chen Qi announced that, under the Prime Minister's instructions, energy departments and related agencies are required to quickly establish 'One-Stop Service' consultation centers.”

MCOT FM 100.5 News

“In the Prime Minister's Office meeting, Deputy Vice President Chen Qi announced that, under the Prime Minister's instructions, the energy sector and related departments are required to quickly establish 'One-Stop Service' consultation centers.”

MCOT FM 100.5 News

“為了解決能源危機對國家能源供應的影響,國家決定儲蓄4000億人民幣。”

MCOT FM 100.5 News

“The government really has the intention and determination to stand by the people to solve these problems.”

MCOT FM 100.5 News

“为了解决能源危机对国家能源供应的影响,国家决定储蓄4000亿人民币。”

CNR Voice of China

“泰国已下令设立一站式能源服务中心。”

MCOT FM 100.5 News

“To solve the impact of the energy crisis on national energy supply, the state decided to save 400 billion yuan.”

RTHK Radio 1 Hong Kong

“Thailand To Reserve 400 Billion Yuan For Energy Crisis”

CNR Voice of China

“泰国储备人民币以应对能源危机”

RTHK Radio 1 Hong Kong

“泰国储备人民币以应对能源危机。”

RTHK Radio 1 Hong Kong

“泰国为能源危机储备人民币”

RTHK Radio 1 Hong Kong

“Thailand Reserves Yuan For Energy Crisis”

Baywave FM Japan

“Thailand Reserves Yuan For Energy Crisis”

CRI News Radio

“泰国储备了4000亿人民币用于应对能源危机。”

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