Funding lacks clear details and oversight
The plan to allocate 200 billion baht towards energy transition, focusing on rooftop solar systems and battery-powered vehicles, has raised concerns among economists and lawmakers over transparency and feasibility.The funding, which represents half of the controversial 400-billion-baht emergency loan approved by the cabinet, is being criticised for lacking clear details and oversight.
People's Party MP and economist Anusorn Tamajai, vice-chairman of the House committee on finance, fiscal affairs, financial institutions and financial markets, warned that the scheme risks wasteful spending.
"I am confident that many projects under this 200-billion-baht scheme will be wasteful and excessive," he said, noting the absence of feasibility studies and performance evaluations.
Mr Anusorn argued that clean energy projects should be financed through the annual budget process, allowing parliamentary scrutiny, rather than through an emergency loan decree that bypasses oversight.
