Court Challenge Throws Thailand’s Crisis Loan Plan Into Doubt
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0.259 · RIGHT
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0.130 · CENTER
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Article Excerpt
A court challenge to a scheme aimed at helping businesses hit by the economic fallout from the pandemic has thrown Thailand's crisis loan plan into doubt.
The Royal Thai Customs Department (RTC) had sought to recoup unpaid import duties and taxes through the country’s emergency economic relief fund, which was set up last year. However, on Thursday, a court issued an order that temporarily stopped the RTC from using the fund in this way.
The ruling has forced the government to suspend disbursements of some 30 billion baht ($916 million) that were meant to support small businesses and individu…
Read full article at Financial Post ↗
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May 18, 2026