Legal advice sought on digital wallet

According to the deputy finance minister, the Council of State has not been asked to decide on the B500 billion product.

Legal advice sought on digital wallet
On October 17, Pheu Thai Party members will meet with supporters of the government’s digital wallet program at the party headquarters under the direction of deputy finance minister Julapun Amornvivat ( with a microphone ). Somchai Poomlard in the image

According to Deputy Finance Minister Julapun Amornvivat, the government has just requested legal counsel on one matter pertaining to its 10,000-baht digital wallet scheme. This matter has nothing to do with a proposal to use 500 billion bah.

He was in response to a proposal made on Wednesday about how to proceed by Wissanu Krea-ngam, an ex-deputy prime minister who now serves on the Council of State, the government’s legal consulting system.

To ensure that the government receives clear instructions on what to do next in order to secure cash for the structure, Mr. Wissanu suggested that it divide its investigation into two parts.

Mr. Julapun, who also serves as the chairman of the state committee in charge of carrying out the flyer, declined to elaborate on the council’s issue.

Mr. Wissanu reaffirmed that the government had not been questioned by the government regarding its intention to pass a bill allowing the saving of the necessary 500 billion ringgit.

” It would be wise for the authorities to send two inquiries, one after the other.” Whether or not what the state is considering doing in response to a crisis is legal should be the first concern, he said on Wednesday.

The Pheu Thai government has frequently cited the word” problems” to support its decision to give 10,000 baht to about 50 million people in an effort to significantly improve the country’s struggling economy through usage.

According to Mr. Wissanu, if the government determines that the administration’s plan lacks merit, it may be asked a second question about what it should do to address the same crisis.

The state could then publish its review of the loan costs for a legal review if the council responds to the next question by declaring that it would be legal, he said.

The only response the government will receive, he said, will be whether the draft complies with the economic and fiscal discipline law if it sends it to the council without first determining whether it is legal to pass quite a bill.

In any case, Mr. Wissanu predicted that the whole legal review process would be finished in time for the government to officially start the digital wallet in May of next year.

Like a judge, the council typically merely responds with “yes” or “no” responses to questions; it does not, he said, suggest that the government should act in this way or that without permission.

He claimed that the Constitutional Court was unlikely to agree to determine whether the current economic situation fits the definition of a turmoil given the necessity and intensity of the state to save the business through the handbook.

But, Mr. Wissanu reasoned that the court would be more willing to answer the question if asked to rule on whether the anticipated stimulus is required to maintain economic and political stability.