Thai PM Confirms ‘Digital Wallet’ Will Go Ahead, Flags Cash Payments

Quick Summary:

The Pheu Thai Party's controversial 450 billion baht stimulus program has been criticized as wasteful and fiscally irresponsible.

However, after Srettha’s fall, it was unclear whether the new government would proceed with the program, which has been controversial since Pheu Thai unveiled it prior to last year’s general election.

The Pheu Thai Party’s controversial 450 billion baht stimulus program has been criticized as wasteful and fiscally irresponsible.

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Article Details

Author / Journalist: Sebastian Strangio

Category: Economy

Markets: United StatesChinaIndiaNorth KoreaKyrgyzstanMongoliaPakistanThailand

Topics: Stimulus Economy Baht Been Government Thai Billion Distributed Scheme Paetongtarn Program

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 10:25:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 1665 words

Reading Time: 10 minutes read

Sentences: 60 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 22363976

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About The Diplomat

Main Topics: Economy

Official Website: thediplomat.com

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News Last Updated: 14 hours ago

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