Once the government allocates substantial funds for its flagship digital wallet handout, spending on other projects will be reduced, says finance permanent secretary Lavaron Sangsnit.
According to Mr Lavaron, the digital handout scheme, which requires a hefty budget of around 500 billion baht, is intended to stimulate the economy rather than function as a welfare measure. Therefore, the monetary injection must be significant enough to ignite a stimulus, he said.
The most immediate stimulus…
