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Friday, May 10, 2024

Rivals scorn Pheu Thai’s 10k giveaway

Digital wallet policy panned as populist

Thirachai: It’s just a cash handout

The Pheu Thai Party’s digital wallet policy is nothing new, but just a cash handout scheme, said former finance minister Thirachai Phuvanatnaranubala.

Mr Thirachai, a policy adviser of the Palang Pracharath Party (PPRP), is the latest to join the chorus of criticism against the 10,000-baht digital money giveaway policy.

He wrote on his Facebook on Wednesday that the 10,000-baht digital wallet programme is a straightforward cash handout except the money is given to people as an electronic coupon which can be exchanged for cash.

“That’s why it is called ‘10,000-baht digital wallet’, not ‘digital money’,” he wrote.

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