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Tuesday, May 7, 2024

Will digital wallet hang both Pheu Thai and conservatives from same rope?

One of the latest signs that all is not well with the government’s flagship policy is, again, the prime minister’s mood when asked about the matter this week after a crucial Cabinet meeting.

Srettha Thavisin said something along the lines of “Didn’t we agree that there was nothing left to talk about?”

Truth is that there is pretty much left to talk about. Most of all, Srettha was leaving a Cabinet session during which digital wallet had been supposed to be intensely discussed, a moment of truth for the conservatives who have largely kept away from the hot potato.

Politically, it’s bad for obvious reasons. Thailand’s divide was caused by disagreement over two main things: Were Pheu Thai leaders corrupt and deserved to be punished? And did “populist” policies of Pheu Thai, formerly People’s Power Party and Thai Rak Thai Party, destroy state monetary disciplines and…

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