Finance ministry says it can guarantee loans if Oil Fuel Fund needs more funds to cap pricesThe Oil Fuel Fund has a borrowing capacity of 20 billion baht, which is expected to support price stabilisation efforts for some time, says a finance ministry official. (Photo: Somchai Poomlard)The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance. The government crafted a deficit budget for fiscal 2026, with 860 billion baht in borrowing planned to finance the shortfall. In the past, when the fund intervened to support domestic retail fuel prices, its deficit reached a peak of 120 billion baht. “The Oil Fuel Fund was designed to allow ‘positive-negative’ management, enabling it to stabilise domestic energy prices.

Source: Bangkok Post March 10, 2026 13:50 UTC