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Monday, May 6, 2024

Digital wallet set to boost Thai GDP: govt

Deputy Finance Minister Julapun Amornvivat

The government’s 560-billion-baht digital wallet policy will stimulate the economy and create future income to support the ageing society, according to Deputy Finance Minister Julapun Amornvivat.

Despite mounting criticism from academics and economics professors, Mr Julapun said that if the Thai economy grows by only 2%, the country will not have the money to support the ageing society in the future.

This digital wallet…

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