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Cash crackdown: Thai government’s e-payment pledge to curb corruption

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Prime Minister Srettha Thavisin revealed yesterday that the Thai government is set to implement e-payments across the state sector as a pivotal strategy to tackle the rampant issue of corruption. The announcement was made at an Anti-Corruption Day event organised by the Anti-Corruption Organization of Thailand (ACT), which the prime minister chaired.

 

This event marked Srettha’s first public forum since assuming the role of prime minister. The forum was held at the Krung Thep Aphiwat Central Terminal Station’s fourth floor, and attended by approximately 500 individuals, including public officials and representatives from the private sector.

 

The 61 year old PM expressed his concern over Thailand’s rank on the Corruption Perceptions Index last year, where it held the fourth position among ASEAN countries, trailing behind Singapore, Malaysia, and Vietnam.

 

The prime minister noted that these countries are direct competitors of Thailand, making it imperative for the nation to improve its standing since corruption can significantly impact the nation’s Gross Domestic Product (GDP) and investor confidence, reported Bangkok Post.

 

“Corruption dampens investors’ confidence and undermines the country’s Gross Domestic Product (GDP).”

 

By Mitch Connor

Caption: Picture courtesy of Thairath

 

Full Story: https://thethaiger.com/news/national/thai-government-to-tackle-corruption-with-e-payments-and-digitalisation

 

-- The Thaiger 2023-09-07

 

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