The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) proposed that the Thai government allocate a portion of its 560 billion baht digital wallet scheme budget towards supporting water management plans.
The committee argues that Thailand needs immediate and long-term solutions to deal with flooding and drought, which is forecasted to affect the agricultural sector due to El Niño-induced conditions, as advised by the Agriculture and Cooperatives Ministry.
Despite the government’s commitment to the 10,000-baht digital wallet scheme, which aims to benefit 56 million people via Krungthai Bank’s Pao Tang app, the JSCCIB suggests a different approach.
Sanan Angubolkul, Chairman of the Thai Chamber of Commerce and a key member of the JSCCIB stated that the Pao Tang app has 40 million people registered.
“The government should…