Gov’t Digital Money Campaign in Discussion: PM

[snoop1130]

 

BANGKOK (NNT) - The government has set a target to launch the digital money campaign it promised during election campaigns, saying the fund will be available early next year.

 

The Thai government under the leadership of Prime Minister Srettha Thavisin is expected to roll out the digital money campaign in February 2024. The administration is now in talks with several sectors in regard to necessary steps and due diligence.

 

The Prime Minister yesterday met with Bank of Thailand Governor Sethaput Suthiwartnarueput, who gave him suggestions on the country’s financial system and briefed him on the household debt situation.

 

The digital money campaign was heavily promoted by coalition leader Pheu Thai Party during the election campaign. Thai citizens at the age of 16 and over will be eligible to receive 10,000 baht in digital money, which can be used to purchase goods from sellers located within a 4-kilometer radius of their residences.

 

Pheu Thai Party said this campaign will provide a major boost to the sluggish economy, while accelerating the country’s digital infrastructure development.

 

The government is scheduled to deliver its policies to the legislature next week. Mr. Srettha promised concrete outcomes under his administration.

 

The next Cabinet meeting will be taking place on 13 September. The topics of constitutional amendment and energy price reductions are among the issues to be discussed.

 

By Tanakorn Sangiam

 

Source: https://thainews.prd.go.th/en/news/detail/TCATG230907160838620

 

-- NNT 2023-09-07

 

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[300sd]

Great to get free money. Well it comes at a price but don't worry about that right now!

[hotchilli]

13 hours ago, snoop1130 said:

The government has set a target to launch the digital money campaign it promised during election campaigns, saying the fund will be available early next year.

Details yet to be decided, shall it be given in one hand-out or drip fed over many months.

Yet another promise hard to deliver as advertised.

[bamnutsak]

"Free Money Tomorrow"

 

 

[RichardColeman]

14 hours ago, snoop1130 said:

Thai citizens at the age of 16 and over will be eligible to receive 10,000 baht in digital money, which can be used to purchase goods from sellers located within a 4-kilometer radius of their residences.

Give it a month or so - BOT see unexpected rise in inflation 

[shackleton]

This I am waiting to see if it happens ????

Will make a lot of Thai people happy especially my Thai family members ????

 

[rabas]

2 hours ago, bamnutsak said:

"Free Money Tomorrow"

 

 

Lol, fastest way to crash an economy, don't spend money today, wait for free money soon.

 

[Jumbo1968]

Many Thais don’t live where their House Registrations are, my partner House Registration is in Isaan, I doubt very much we are going travel 12 hours plus house for 10000 baht.

[honcho]

programmable money.. thin edge of the wedge for total control.... once cash is gone so are freedoms... resit and dont be bought for a handful of dirty silver!!!!