Thailand's Constitutional Court ruled Thursday that the government's 400-billion-baht emergency loan decree was entirely constitutional, removing the largest legal obstacle to Prime Minister Anutin Charnvirakul's fiscal plans, Bloomberg News reported the same day.
The ruling will allow the government to proceed with a 200 billion baht stimulus package, which will support households and boost economic advancement. The decree will now be sent to parliament, where it is expected to secure approval given the government's strong majority, the report said.
The ruling will make way for Anutin's "Thais Help Thais Plus" program, under which about 26 million people will receive 2,000 baht per month for four months as financial assistance to cope with higher living costs. It also allows the Thai government to advance its long-term energy transition plan aimed at lowering reliance on imported fossil fuels, the report said.
The court unanimously upheld the stimulus package and approved the energy financing in a 7-2 vote, according to the report.
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