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Saturday, May 11, 2024

Bangkok Post – State borrowing to fund digital wallet plan

Handout set to cost 500 billion baht

A supporter of the Pheu Thai Party’s 10,000-baht digital wallet campaign is pictured at an event held in support of the scheme. Somchai Poomlard

Thailand will be able to borrow to finance its 500-billion-baht digital wallet handout scheme in accordance with Section 53 and 57 of the 2018 State Fiscal and Financial Discipline Act, following an endorsement by the Council of State, says…

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