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Thailand's $17b 'digital wallet' handout to be partly in cash
The Straits Times
|September 04, 2024
Thailand's Prime Minister Paetongtarn Shinawatra on Sept 3 said part of the government's vaunted 450 billion baht (S$17.2 billion) "digital wallet" handout will be distributed in cash, in another change to its flagship populist policy.
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Details are still being finalised and will be announced in a policy statement to Parliament, she added.
The digital wallet handout had previously entailed transferring 10,000 baht in credit to 50 million Thais via a smartphone application to spend in their localities within six months.
It was not immediately clear how much of the budget for the programme would be distributed in cash.
A deputy finance minister could not immediately be reached for comment.
Dit verhaal komt uit de September 04, 2024-editie van The Straits Times.
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