Could have 3% impact on GDP
The Bank of Thailand expects the Pheu Thai Party’s proposed 10,000-baht digital handout scheme will require a total budget of around 500 billion baht, adding 3% to GDP growth next year.
The central bank projects the GDP contribution will be dependent on the economic multiplier, said Sakkapop Panyanukul, director of the economic and policy department at the bank.
The 3% GDP contribution is based on the Bank of Thailand using a one-time…
