Thai court greenlights government’s $12bn emergency borrowing

Ruling clears way for household aid and energy-transition plans Thailand's Prime Minister Anutin Charnvirakul at the parliament in Bangkok. His government has approved an emergency decree to borrow 400 billion baht ($12 billion) to cushion the impact on energy due to the U.S. war with Iran. © Reuters BANGKOK — Thailand's Constitutional Court ruled on Thursday that the government's emergency decree to borrow 400 billion baht ($12 billion) to support the economy was legal, clearing the way for measures to help households cope with higher oil prices due to the Middle East crisis.

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