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People's Party Proposes Reform of Four Major Thai Funds

Khaosod Online Thailand One source

The People's Party has submitted an urgent motion to establish a special committee to study the reform of four major funds, citing concerns over the potential loss of 14 billion baht in 'sin tax' revenue.

On October 29, 2026, members of the People's Party (PP) submitted an urgent motion to the Speaker of the House of Representatives, calling for the formation of a special committee to examine the legal framework governing four key organizations: the Thai Health Promotion Foundation (ThaiHealth), the Thai Public Broadcasting Service (Thai PBS), the Elderly Fund, and the National Sports Development Fund. The proposal follows recent legislative attempts to shift these entities from relying on 'sin tax' revenue to receiving annual government budget allocations, a move intended to align with fiscal discipline policies. The People's Party argues that this transition could lead to a 14 billion baht shortfall and negatively impact the continuity of services for vulnerable groups, the independence of public media, and health risk control initiatives. For residents and observers, this debate highlights a significant shift in how public interest organizations are funded in Thailand. While the government emphasizes fiscal oversight, critics fear the loss of operational autonomy for these institutions. It remains to be confirmed how the House will respond to the motion and whether the proposed committee will be established to conduct a formal review of these funding structures.