Sharp Criticism Over Borrowing for Road Projects; Siripongse Insists Emergency Decree Reduces Public Burden
Transport Minister Siripongse Angkhsakulkiati defended the government's 400-billion-baht emergency decree borrowing, dismissing opposition claims of blank checks and arguing the funds will directly benefit citizens rather than fund infrastructure projects. The 200 billion baht will assist people affected by high fuel prices, while another 200 billion will help reduce the transition burden to clean energy through subsidies and solar installation support. Siripongse stressed the urgent necessity of the measure given the current economic impacts on the public.
At 11:45 a.m. on May 6, 2025, at Government House, Siripongse Angkhsakulkiati, Transport Minister and Deputy Leader of the Bhumjaithai Party, defended the government's 400-billion-baht emergency decree borrowing against opposition criticism of it being a blank check. He argued it's not a blank check, but simply an unfamiliar approach to what past governments have done. Previously, borrowed funds went toward infrastructure projects like roads and construction, but this time all money will reach the public directly through the Thai Helps Thai Plus program, with details to follow from the Finance Ministry. Of the 400 billion baht, 200 billion will assist people affected by high fuel prices through direct subsidies. The remaining 200 billion will help reduce the burden of transitioning from fossil fuels to clean energy, potentially through shared interest subsidies or solar rooftop installation support. When asked about opposition concerns regarding the emergency necessity, Siripongse emphasized that remaining central budget reserves must be kept for security purposes, and current funds are insufficient until the fiscal year 70 budget becomes available in October. He stated that with people already suffering, waiting is not an option and immediate action is necessary. When pressed on whether additional borrowing would be needed if the 400 billion baht runs out, Siripongse deferred comment, saying today's focus is managing the current situation. He expressed confidence that the 200 billion for energy transition will significantly reduce energy consumption and household expenses, helping people break dependence on traditional energy sources. Regarding the Democratic Party's plan to petition the Constitutional Court, Siripongse said that is their right, but he believes the Prime Minister's proposal and the government's legal team have ensured compliance with all conditions for issuing the emergency decree.