Thai PM denies hold up with digital wallet plan

[webfact]

The government remains undeterred as it stands firm on its 10,000-baht digital wallet scheme, scheduled for a May launch, despite legal challenges.

 

Prime Minister Srettha Thavisin promised a consensus after seeking opinions from key players.

“We stand by the original timeframe.”

The Council of State recently weighed in on the legality of the government’s plan to borrow a hefty 500 billion baht to finance the scheme.

“The Council of State did not say whether the government’s loan bill to fund the handout is legally viable. We have to listen to various opinions.”

 

However, critics demanding transparency on the Council’s opinions were met with a cryptic response.

 

The 61 year old Thai PM insisted that the opinions would be revealed at an appropriate time, adding to the intrigue surrounding the controversial financial manoeuvre.

 

by Puntid Tantivangphaisal

Photo courtesy of Bangkok Post

 

Full story: The Thaiger 2024-01-10

 

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[hotchilli]

17 hours ago, webfact said:

The government remains undeterred as it stands firm on its 10,000-baht digital wallet scheme, scheduled for a May launch, despite legal challenges.

May.. what year?

[Thingamabob]

This was always nothing more than a transparently ridiculous attempt to attract votes. Rather than benefit the economy it will be a huge burden. 

Edited January 11 by Thingamabob
Spelling error.

[kingstonkid]

4 hours ago, hotchilli said:

May.. what year?

Lol they don't want it to go through too soon they may need it for the next election.

[PETERTHEEATER]

As yet, no details have been released as to the actual methods of distribution of the grant. There is too much risk that intended recipients will be short-changed. I feel heat generated by the friction of middle-men rubbing their hands.