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Tuesday, May 7, 2024

Thailand’s Digital Money Campaign to be launched in Feb. 2024

The Thai government has announced plans to launch a digital money campaign in February 2024. Under this campaign, citizens aged 16 and over will be eligible to receive 10,000 baht in digital money, which can be used to purchase goods within a 4-kilometer radius of their residences.

Key Takeaways

  • The Thai government plans to launch a digital money campaign in February 2024, which will provide citizens with 10,000 baht in digital money to stimulate the economy and promote digital infrastructure development.
  • The government is in talks with various sectors to ensure the necessary steps and due diligence for the digital money campaign.
  • The mass deployment of digital wallets, along with other stimulus measures, aims to stimulate the economy and reduce disparities in access to digital money.
  • The project will be funded by the state budget, resulting in increased revenue collection and a…

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