Sirikan Tansakul and Weerayut Kanchuchat have warned the government must take responsibility if the Constitutional Court rejects the 400 billion baht loan decree, accusing the government of using the crisis as a cover.
On 8 July 2026, Sirikan Tansakul, Deputy Leader of the Prachachon Party, revealed at a Shadow Cabinet meeting that on 9 July 2026, the Constitutional Court will rule on the constitutionality of the 400 billion baht loan decree. The opposition coalition had filed a petition particularly concerning the latter 200 billion baht for energy transition projects, asking whether it complies with the constitution.
The possible scenarios can be divided into two main scenarios and two sub-scenarios:
- The loan decree is fully approved.
- The loan decree is rejected, which can be divided into:
2.1. The decree is rejected in full, or there is a chance it will be entirely invalidated. This would cause complications because the first 200 billion baht has already been disbursed to projects like Thai Ruam Thai+ and contributions to the Pracharath Fund, creating difficulties for the government to find new funds to replace it.
2.2. The decree may be rejected only for the latter 200 billion baht portion. This scenario might cause fewer problems, and the government could issue a new decree to replace it. However, the government must still take responsibility if the Constitutional Court finds issues with the decree. The government must proportionally account for the problems it has created because the latter 200 billion baht involves projects that are not urgently necessary and do not impact economic security. It also appears that some projects were inserted opportunistically, using the people's crisis as a cover, bundled with relief measures from the first 200 billion baht.
Concerns over fragmented and opportunistic projects.
Weerayut Kanchuchat, Deputy Leader of the Prachachon Party, added that as a member of the parliamentary special committee monitoring loan expenditures—the only mechanism set up by parliament—he found growing concerns through detailed work and discussions with relevant agencies. The use of the latter 200 billion baht for energy transition lacks clear conditions or a roadmap defining goals, such as how much fossil fuel use will be reduced and over what period, or what the major projects should be. There are no minimum volume or value conditions set.
This raises the risk of fragmented, opportunistic projects being inserted without clarity on the country's direction. Another critical condition is that, as a loan decree, there is pressure to spend the 200 billion baht quickly, with a binding deadline to fully use the funds by December 2027 to achieve a major energy transition. This creates concern over rushed spending competition, and questions whether the projects will effectively achieve the energy transition. This loan could push Thailand to its debt ceiling, risk fund exhaustion, and fail to bring the intended energy changes.