Ekniti promotes green transport outlays
The government is preparing to use the remaining 100 billion baht under the 400-billion-baht emergency loan decree to support the energy transition in the transport sector.
Finance Minister Ekniti Nitithanprapas announced that the remaining 100 billion baht from the 400-billion-baht emergency loan would be used to promote green transport in Thailand. The funds will be allocated to domestically produced fuels and workforce development. A portion will directly support the transport sector by encouraging the use of B20 or E20 fuels in diesel trucks and pickup trucks.
The government also aims to develop a skilled workforce to participate in modern industries. Thailand's economy is currently K-shaped, with large corporations and multinationals thriving while smaller businesses struggle. The minister emphasized the need for a V-shaped recovery, ensuring benefits reach all segments of society. Public debt stands at 67-68% of GDP, nearing the statutory ceiling of 70%.
The government aims to maintain fiscal discipline, reducing the budget deficit for fiscal 2026 to 3% of GDP.
Written by urgent.news from Bangkok Post Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Ekniti promotes green transport outlays bangkokpost.com
