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Monday, May 13, 2024

Government in difficulty over loan bill for digital wallet scheme

File photo : Senator Tuang Untachai

Senator Tuang Untachai said today he wonders how the government can tell the Thai people that Thailand is currently in a crisis, to justify a loan bill to fund its digital wallet scheme, while Prime Minister Srettha Thavisin, during his recent overseas trips to woo foreign investors, was telling foreign investors that the Thai economy is healthy.

After the Council of State made its legal observations about the plan to issue a loan bill, for the 500 billion baht needed for the digital wallet scheme, Tuang said that the government should now be aware that it will be very difficult to press ahead with such a funding method.

He recalled that the previous Abhisit and Yingluck governments had tried to issue similar bills to borrow for its major projects, but they ended up in the Constitutional Court which ruled against such bills.

If the government…

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