The Thailand Development Research Institute (TDRI), however, feels the proposed budget is too high and that 100-200 billion baht is sufficient to meet the stated aim of stimulating the economy.
By supporting digital currency initiatives, the Pheu Thai Party aims to lead Thailand into the Web 3.0 era.
As the leading party in forming the government, Pheu Thai has announced a proactive policy to stimulate and revive various aspects of the economy, consisting of 25 policies with a combined budget of almost 2 trillion baht, divided into 5 policy groups.
One policy is the distribution of 10,000 baht in digital currency, with a budget of 560 billion baht, to be implemented within 6 months of the new government taking office.
TDRI’s past analysis suggests that digital currency policies have long-term positive effects on the economy, but the initial emphasis should be on investing in…
