Government may not find funding for digital wallet – Move Forward

[snoop1130]

 

The adjustments to the digital wallet scheme, as proposed by an ad hoc sub-committee, are an indication that the government is encountering problems in securing the estimated Bt560 billion needed to fund it, Move Forward deputy leader Sirikanya Tansakul said today (Thursday).

 

Even if the scheme is downsized to reach only those who are in need of the benefit, using means testing, the government will still need about Bt430 billion to fund the scheme for 43-49 million beneficiaries, instead of about 55 million as originally planned.

 

Again, even if the funding needed is cut to 430 billion baht, she said that there won’t be enough money in the national budget for the 2024 fiscal year, which means that the cost will have to be spread across four fiscal years, at about 100 billion baht a year.

 

Caption: File photo : Move Forward deputy leader Sirikanya Tansakul

 

Full story: Thai PBS 2023-10-26

 

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[Crossy]

How much is that submarine frigate again??

 

[BenStark]

5 minutes ago, Crossy said:

How much is that submarine frigate again??

 

About half the price they claim

[Pouatchee]

promises in the dark... cant believe they fooled enough people to be 2nd biggest party elected

[ozz1]

The citizens won't be happy if they don't get their free money that was promised it will be the death of their political party if they don't get it serves themselves right

[Will B Good]

If only there was someway they could have known all of this before they made it an election promise......so unfair.

[Brickleberry]

12 minutes ago, Will B Good said:

If only there was someway they could have known all of this before they made it an election promise......so unfair.

Of course they knew.

 

They didn't want to win the election to benefit Thai people, they wanted to win to bring Thaksin home. This is why despite being a convicted prisoner, he's currently in his own suite in a hospital, rather than sitting inside a prison.

[retarius]

Hope so. The most idiotic and illegal scheme ever perpetrated in LOS (the Land of Schemes). Apparently Srettha has shares in the company that will implement the scheme and collect commissions on the sales made. 

[timendres]

2 hours ago, snoop1130 said:

Even if the scheme is downsized to reach only those who are in need of the benefit, using means testing, the government will still need about Bt430 billion to fund the scheme for 43-49 million beneficiaries, instead of about 55 million as originally planned.

 

And there is the Thai government openly admitting that 80% of the population here is "needy"...

[proton]

2 hours ago, Will B Good said:

If only there was someway they could have known all of this before they made it an election promise......so unfair.

 

Solution, just offer 20k each at the next election😁

[Moonlover]

1 hour ago, retarius said:

Apparently Srettha has shares in the company that will implement the scheme and collect commissions on the sales made. 

Do you have evidence of that?

[rwill]

Since when has not having money stopped governments from spending more?  Is there any government that actually runs a balanced budget?

[2baht]

12 hours ago, snoop1130 said:

the government is encountering problems in securing the estimated Bt560 billion needed to fund it,

There's an aircraft carrier docked in Sattahip that's done nothing for years, sell it for scrap to help raise some vote buying money!

[hotchilli]

12 hours ago, Pouatchee said:

promises in the dark... cant believe they fooled enough people to be 2nd biggest party elected

Promise the earth, deliver nothing.

[2baht]

1 hour ago, hotchilli said:

Promise the earth, deliver nothing.

 

     There's got to be something, you can't skim nothing!

[Cake Monster]

15 hours ago, snoop1130 said:

The adjustments to the digital wallet scheme, as proposed by an ad hoc sub-committee, are an indication that the government is encountering problems in securing the estimated Bt560 billion needed to fund it, Move Forward deputy leader Sirikanya Tansakul said today (Thursday).

All the swerving and deflection does seem to point i that direction

However, the Gov,t will find the Money, even if it Bankrupts the Country

Massive " Face " has to be preserved at all costs

IMO The Gov,t is trying to formulate a plan of Damage Limitation on the 10 K Digital Wallet Plan and all the other Vote Buying schemes

Somebody forgot to tell them that all the other Vote buying schemes they are going to introduce, are also going to cost the Country very  heavily in tandem with the Wallet Scheme

 

[trainman34014]

18 hours ago, ozz1 said:

The citizens won't be happy if they don't get their free money that was promised it will be the death of their political party if they don't get it serves themselves right

Plenty of talk in Northern Villages about the Party being dead in the water at the next election anyway.   They want Move Forward in power and Thaksin well or sick isn't going to work with the Public no matter how hard he tries.  His day is past and the People know it.

[Eric Loh]

12 minutes ago, trainman34014 said:

Plenty of talk in Northern Villages about the Party being dead in the water at the next election anyway.   They want Move Forward in power and Thaksin well or sick isn't going to work with the Public no matter how hard he tries.  His day is past and the People know it.

 North is not a PTP stronghold except Uthai Thani. Fights are between PPRP, BJT and maybe Dem in Tak in next election.

Edited October 27, 2023 by Eric Loh
wrong word

[VinnieK]

Hey....they can always confiscate farang bank deposits.

'No wolly naa...tomollo I give back naa..'🤦‍♂️

 

[parallelman]

Hmmm, I thought that the enforcement of the tax laws, thus affecting expats, was going towards funding this project? What's next I wonder.