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Thursday, May 2, 2024

Thailand May Delay Distributing Digital Cash Handouts by a Month


Thailand’s government may delay disbursing stimulus handouts as part of the digital wallet program by a month due to the time taken in developing a security system, according to Deputy Finance Minister <-bsp-person state=”{“_id”:”0000018b-4790-d53f-a1eb-7f9d6e570000″,”_type”:”00000160-6f41-dae1-adf0-6ff519590003″}”>Julapun Amornvivat-bsp-person>.

  • Distributing digital money is unlikely to happen as planned from Feb. 1, Julapun told reporters Thursday
  • NOTE: Prime Minister <-bsp-person state=”{“_id”:”0000018b-4790-d53f-a1eb-7f9d6e590000″,”_type”:”00000160-6f41-dae1-adf0-6ff519590003″}”>Srettha Thavisin-bsp-person> said earlier digital money disbursement was expected on Feb.1
  • Still, the government will implement the digital handout stimulus program within the first quarter of next year: Julapun
  • Details on securing program funding and disbursement conditions haven’t been finalized yet, though intention to stimulate the …



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