32.4 C
Bangkok
Sunday, April 28, 2024

Populist policies face scrutiny

Mr Srettha refers to the 10,000-baht digital wallet scheme at a second meeting held to address the scheme at Government House on Nov 10. CHANAT KATANYU

Among the economic policies proposed by the Srettha Thavisin government, the most hotly disputed item is the 10,000-baht digital wallet handout, which has drawn much criticism regarding its possible impact on public debt.

Deputy Finance Minister Julapun Amornvivat insisted the handout is necessary because the economy requires stimulus measures, with growth averaging only 2% per year over the past decade.

This level provides insufficient income for the government to…

Read more…

Latest Articles