Govt’s back against the wall over digital wallet scheme – Move Forward MP

[webfact]

 

The government now has its back against the wall over the the 500 billion baht needed to fund the “digital wallet” scheme, the timeline for which keeps moving back, said Move Forward MP Sirikanya Tansakul during the general debate on Wednesday.

 

After adjusting the details of the scheme five times, particularly relating to the source or sources of the funding, she said it appears that the government will resort the Central Fund of the 2024 fiscal year, the 2025 fiscal budget and borrowing from the Bank of Agriculture and Agricultural Cooperatives.

 

She noted that the cabinet revised the mid-term fiscal framework on Tuesday, to increase the 2025 fiscal budget to 3.75 trillion baht and to increase, by about 150 billion baht, the amount of borrowing needed to offset the budget deficit.

 

She said that the money from these two increases may be used to fund the “digital wallet” scheme.

 

Regarding the Central Fund for the 2024 fiscal year, which may be a source of digital wallet funding, the Move Forward MP said that the government may introduce a bill to get extra money through borrowing to offset the deficit, up to the ceiling of 100 billion baht, plus another 40 billion baht to be transferred from the Central Fund.

 

Full story: Thai PBS 2024-04-05

 

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[Rampant Rabbit]

Bunch of twattttttts,  how the hell they get away with giving out 10k Ive no idea...... my guess  greedy Thais  dont care as long as its free  money, 99% of  Issan probably agree.

Stop buying useless SUBS/PLANES and all the other stupid nonsense you bunch of absolute  tools.

[still kicking]

Keep pushing MFP 

[Enzian]

Perhaps the PT government should keep it up with this flailing about cluelessly trying to solve problems which are ultimately structural and which they really don't want to address. ATM Google pegs the baht at 36.7; it has been falling since March 9. Let's get popcorn and see how long this can continue.

[smedly]

election pledge 

 

the election commission should be getting involved in this now, in fact the whole thing is a joke

 

MFP are now a huge thorn, I'll bet they still have majority in the house, if they dissolve MFP then there is no longer a functioning goverment and elections should be held ....... excluding PH who reneged on thier election buying pledge...................they are # liars and cheats

 

 

[hotchilli]

3 hours ago, webfact said:

The government now has its back against the wall over the the 500 billion baht needed to fund the “digital wallet” scheme, the timeline for which keeps moving back, said Move Forward MP Sirikanya Tansakul during the general debate on Wednesday.

Promises promises from PTP only to find that Prayut left the pot empty and now they cannot honour their vote bribe.

[sammieuk1]

They must mean back pocket against the wall as all the cash will inevitably be trousered by someone or other  🤔 

[keith101]

Why do you think they want to introduce 7% vat on all imports over 1 baht finance the digital wallet scheme ?

[dinsdale]

Only to be expected when a populist policy is announced during an election with zero planning on how to fund it and how to implement it. Bunch of amateur emptyheaded morons.

[bamnutsak]

Either of the two Lopburi Monkey Gangs seems better organized than this PTP-led government.

 

And the Monkeys could do a better job than this government, just by throwing darts. At least something, anything would be accomplished.

 

 

[newbee2022]

6 hours ago, Rampant Rabbit said:

Bunch of twattttttts,  how the hell they get away with giving out 10k Ive no idea...... my guess  greedy Thais  dont care as long as its free  money, 99% of  Issan probably agree.

Stop buying useless SUBS/PLANES and all the other stupid nonsense you bunch of absolute  tools.

The problem is: they promised. And now they have difficulties to deliver. It was just the hook to get voters on their side. Maybe Move Forward will see a chance to win and to oust this govt.?😳

[brianthainess]

Just a Stupid idea in the first place, the money will be Scamed, by all, for one, shops can easily scam it, just so obvious to me.