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Published 21 days ago

Thai prime minister unveils details of a $13.5 billion digital money handout plan

  • The ruling party suggested expanding digital wallet payments to all Thais 16 years and older, though the current plan only covers lower-income individuals.
  • The government faced criticism for proposing to fund the plan through borrowing, which would increase public debt significantly.
  • Lower-Income Thais, earning less than 840,000 baht a year and with savings under 500,000 baht, qualify for the current payment plan.
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Associated Press NewsAssociated Press News

Thai prime minister unveils details of a $13.7 billion digital money handout plan

Thailand’s Prime Minister Srettha Thavisin has revealed details of his government’s plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to an estimated qualifying 50 million Thais for spending at their local businesses.

22 days ago·United States
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abc Newsabc News

Thai prime minister unveils details of a $13.5 billion digital money handout plan

Thailand’s Prime Minister Srettha Thavisin has revealed details of his government’s plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to an estimated qualifying 50 million Thais for spending at their local businesses

22 days ago·United States
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KVIAKVIA

Thai prime minister unveils details of a $13.7 billion digital money handout plan

BANGKOK (AP) — Thailand’s Prime Minister Srettha Thavisin has revealed details of his government’s plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to an estimated qualifying 50 million Thais for spending at their local businesses. Srettha said Wednesday that the 500-billion-baht ($13.7-billion) plan, to be mostly funded out of the 2024 and 2025 fiscal budgets, will be rolled out in the last quarter of the year…

22 days ago·Panama City, United States
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Winnipeg Free PressWinnipeg Free Press

Thai prime minister unveils details of a $13.5 billion digital money handout plan

BANGKOK (AP) — Thailand’s Prime Minister Srettha Thavisin on Wednesday revealed details of his government’s plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to […]

22 days ago·Winnipeg, Canada
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Financial PostFinancial Post

Thai prime minister unveils details of a $13.5 billion digital money handout plan

BANGKOK (AP) -- Thailand's Prime Minister Srettha Thavisin on Wednesday revealed details of his government's plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to an estimated 50 million Thais for spending at their local businesses.

22 days ago·Canada
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Star TribuneStar Tribune

Thai prime minister unveils details of a $13.5 billion digital money handout plan

Thailand's Prime Minister Srettha Thavisin on Wednesday revealed details of his government's plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to an estimated 50 million Thais for spending at their local businesses.

22 days ago·Minneapolis, United States
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Bias Distribution

  • 44% of the sources lean Left, 44% of the sources are Center
45% Center
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