The deputy finance minister welcomes examination and declares that the program will abide by all applicable laws.
The state has reaffirmed its commitment to ensuring that the distribution of its 10,000-baht digital bag will adhere to all applicable laws and that review of the program is always encouraged.
According to reports that the National Anti-Corruption Commission ( NACC) was keeping an eye on the scheme for potential policy corruption, Deputy Finance Minister Julapun Amornvivat responded on Thursday.
He added that everyone involved in carrying out the 560 billion baht program would work more thoroughly and that the anti-graft agency was encouraged to do so.
Mr. Julapun stated that he was prepared to explain its specifics to the NACC if asked at a conference of the committees overseeing the program.
Representatives from the Bank of Thailand, Budget Bureau, National Economic and Social Development Council, and Ministry of Commerce attended the meeting on Thursday.
The State Fiscal and Financial Discipline Act, the Royal Decree on Criteria and Procedures for Good Governance, and Mr. Julapun stated that the government may implement the plan in accordance with these three associated rules.
We will be protected by adhering to the three regulations. This will aid & nbsp, guarantee the transparency and worthiness of the scheme, he said.
According to Mr. Julapun, the nation’s economy has grown by an average of 2 % per annum over the past ten years, which is lower than that of other nearby nations.
According to him, a signal program is obviously necessary to jump-start the market, and the gross domestic product should increase by 5 % annually.
For maximum impact, he added, the submission of 10,000 baht in online currency to each Thai national over the age of 16 may begin by the beginning of the following year. & nbsp,
The question of whether rich people will receive the money is also up for debate. The money should only be given to those who actually need it, according to many economics.
Due to the lengthy process of forming a government following the May 14 poll, Mr. Julapun stated that the budget distribution for the 2024 fiscal year, which started on October 1, has been postponed. Therefore, a cash stream treatment is required in the first quarter of the following year to make up for the shortfall and boost the economy.
The main watchdog, Somsak Suwansujarit, stated that he had received a request asking for an exploration into the legality of the digital budget program under the constitution and other pertinent laws.
Wirangrong Dabbaransi, the leader of the group known as the Network of Universities for Reform, submitted the complaint and asked the watchdog to send it to the Constitutional Court for a decision. Researchers also signed it.
Mr. Somsak stated that since the government has not given clear instructions on how the program will operate, more information about it and thoughts from pertinent agencies may be gathered.
The watchdog will send the problems to the authorities for an explanation once the specifics are evident, he said.