PUBLISHED: 3 Sep 2024 at 19: 39
The government plans to take money from five state-run banks to help fund the , digital wallet structure, but the opposition has raised worries that the government does not recover it.
Sirikanya Tansakun, a record MP for the opposition Person’s Party, said it peculiar that the money taken from the banks, which totaled 35 billion baht, has not been designated for use as a loan for the program.  ,
The Small and Medium Enterprise Development Bank of Thailand, the Bank for Agriculture and Agricultural Cooperatives, the Export-Import Bank of Thailand, the Government Housing Bank, and the Government Savings Bank ( GSB ) are the five banks that make up the five institutions.
The MP claims that if the money is spent on the program without a specific purpose, it could lead to the funds never being returned.
The political committee that is reviewing the costs budget bill, which is being amended as it passes through the second and third analyses, is led by Ms. Sirikanya.  ,
The MP noted that the money used to fund ancient programs like those funded by the Abhisit Vejjajiva and Prayut Chan-o-cha services, as well as two billion baht taken from the GSB, are included in the budget that is anticipated to become saved for the program.
The GSB’s two billion ringgit are intended to provide low-interest loans to companies that suffered from the Covid-19 crisis.  ,
We do n’t know where this digital wallet policy will go or whether there will be enough funds to implement it, according to Ms. Sirikanya. What the authorities intends to do if the money for the program are little are another issue. It’s all because there’s a persistent lack of clarity on how money will be sourced to ensure it is implemented” . ,
She claimed that the confusion is getting worse as the new cabinet is being sworn in and the prime minister’s policy statement is being delayed.  ,