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Wednesday, May 1, 2024

Govt shrugs off wallet criticism

Cites study which puts growth rate at up to 4.73%

The government on Sunday shrugged off calls for it to rethink its intention to push ahead with the 10,000-baht digital money handout scheme, saying details of the project could be adjusted and fine-tuned but not its core principle of being intended as a tool to kick-start the economy.

The economy has been sluggish for nine to 10 years and Thailand is critically in need of a powerful mechanism to stimulate it, or the country will end up facing a dim economic outlook in…

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