Showing 1 - 8 of 8
Interest burden hovers over digital wallet
Business, Wichit Chantanusornsiri, Published on 06/05/2024
» The ratio of interest burden to estimated government revenue is projected to increase to 11% next year from 8% in 2024, should the government proceed with its flagship digital wallet handout.
Handout funding to diminish spending on other projects
Business, Wichit Chantanusornsiri, Published on 27/04/2024
» Once the government allocates substantial funds for its flagship digital wallet handout, spending on other projects will be reduced, says finance permanent secretary Lavaron Sangsnit.
Justifying the digital wallet scheme
Business, Wichit Chantanusornsiri, Published on 16/11/2023
» The 10,000-baht digital wallet scheme is considered the flagship policy of the Pheu Thai-led coalition given its prominence in the election campaign.
Digital wallet set to boost Thai GDP
Business, Wichit Chantanusornsiri, Published on 10/10/2023
» The government's 560-billion-baht digital wallet policy will stimulate the economy and create future income to support the ageing society, according to Deputy Finance Minister Julapun Amornvivat.
Digital wallet set to boost Thai GDP: govt
Wichit Chantanusornsiri, Published on 09/10/2023
» The government’s 560-billion-baht digital wallet policy will stimulate the economy and create future income to support the ageing society, according to Deputy Finance Minister Julapun Amornvivat.
PM orders sweeping review of taxes
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» Prime Minister Srettha Thavisin has ordered the Finance Ministry to review the new land and building tax, as well as inheritance tax, in an effort to reduce income disparity.
Digital handout not covered by loans
Business, Wichit Chantanusornsiri, Published on 09/09/2023
» The Finance Ministry will not issue an emergency loan decree to support the government's 10,000-baht digital currency handout, with funding likely to come from the state budget and borrowing from state-owned financial institutions, says Deputy Finance Minister Kritsada Chinavicharana.
Pheu Thai payout to give economy 'B2tn boost'
Wichit Chantanusornsiri, Published on 07/09/2023
» Pheu Thai's 10,000-baht digital currency handout policy will add at least 2 trillion baht of money to the economy and contribute to GDP growth of at least 5% in 2024, said Deputy Finance Minister Julapun Amornvivat.