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Monday, May 6, 2024

Bangkok Post – Counsel sought on Bank for Agriculture and Agricultural Cooperatives loan

Government checks funding for digital wallet plan

A booth operated by BAAC at a recent edition of Money Expo. (Photo: Nutthawat Wicheanbut)

The government has agreed to ask the Council of State, its legal arm, to interpret whether the Bank for Agriculture and Agricultural Cooperatives (BAAC) can legitimately allow the government to borrow 172.3 billion baht to finance its digital wallet handout scheme partially.

The resolution was reached at a meeting of the coalition parties on Tuesday. It was called for them to discuss matters surrounding the planned implementation of…

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