Delay in digital wallet scheme will have no impact on Thailand’s growth: economist

Despite the delay in implementing the fiscal 2024 budget, scheduled for enactment in May, Somchai expressed confidence in the country’s economic expansion. Normally, a budget bill is enacted before the fiscal year starts in October of the previous year.

“Despite the delay in implementing the 2024 budget, the economy could still expand well, so I believe that even without the digital wallet money, Thailand’s economic situation will remain unchanged,” Somchai said.

While waiting for the launch of the digital wallet scheme, Somchai suggested that the government set up tourism and export promotions.