Thailand Video News: Thailand to Implement $13.8 Billion Digital Wallet Program (short)

[Video News]

 

 

Thailand to Implement $13.8 Billion Digital Wallet Program: Thailand will start registration in August for a $13.8 billion Digital Wallet program, providing 10,000 baht in digital money to 50 million citizens. Announced in April, the scheme aims to boost the economy but faces criticism for its sustainability. Prime Minister Srettha Thavisin expects the stimulus to increase GDP growth by 1.2 to 1.6 percentage points. Funding will come from the 2024-2025 budgets. The program excludes fraudsters and certain goods, with details to be finalized. The government pushes forward amidst a sluggish economy.

[Thingamabob]

A farce and a fraud, a waste of time and money. Sadly many Thai people are easily conned.