I know it's risky, but I have to try. The government moves forward with a 500 billion baht loan for 'digital wallets'

We've been excited since the beginning of the year with the story. The government's 'Digital Wallet' project aims to distribute digital money to Thai people, 10,000 baht each.

After the government asked the Council of State in terms of the law on how to proceed with the 500,000 baht loan Is this million baht against the law?

Through the Council of State He gave the answer that The government through the Cabinet (Cabinet) and the Digital Money Distribution Committee have legal authority to do so. But this must be done under the Financial and Fiscal Discipline Act, Sections 53 and 57.

Section 53 Fiscal Discipline Act 2018

Stated that government borrowing outside of the provisions of the Public Debt Management Act Let the Ministry of Finance do it. Only in urgent cases and continuously to solve the country's crisis problems

Section 57 of the Fiscal Discipline Act, B.E. 2018

Borrowing money under Section 53 and Section 56 can only be used to pay for expenses according to the plan. that is economically or socially worthwhile and the government agency that owns the plan is ready to carry out the plan. to pay off that loan

which the Deputy Minister of Finance Confirmed that the 'Digital Wallet' project will be completed by May this year.

The post I know it's risky, but I have to try. The government moves forward with a 500 billion baht loan for 'digital wallets' appeared first on Thumbsup.

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