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Saturday, May 11, 2024

Govt plans to seek B500bn loan

PM insists handout will boost economy

Prime Minister Srettha Thavisin on Friday put an end to weeks of speculation about the government’s digital wallet programme, saying it will begin in May next year. Some 50 million people aged 16 and older will be eligible for a 10,000-baht handout so long as they have an income of less than 70,000 baht per month and less than 500,000 baht in bank deposits. He made the announcement at Government House. (Photo: Chanat Katanyu)

The government will seek 500 billion baht in loans to finance its 10,000-baht digital money handout scheme,…

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