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Tuesday, April 30, 2024

Digital wallet boost: Thai government to inject 600,000 million baht into economy

Photo: KhaoSod

The government is set to inject 600,000 million baht into the economy through the well-documented digital wallet initiative. This programme will provide 10,000 baht to Thai citizens aged 16 and above, with an income not exceeding 70,000 baht and savings of no more than 500,000 baht. The initiative, set to run for six months, will be applicable within the citizen’s district as per their identity card.

The announcement came today, at 2pm from the Government House Puckdee Bodin Building by 61 year old Thai PM Srettha Thavisin, who is also the Minister of Finance. The Bangkok-born PM stated that this is not merely a dream but a reality in progress, with the best possible solution for boosting the economy identified.

The 600,000 million baht will be allocated with 500,000 million baht for 50 million households and 100,000 million baht for improving capabilities….

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