Described: 12 Jul 2024 at 19: 27
The authorities insisted on Friday that its efforts to alleviate the suffering of people would not be impacted by its plan to use 43 billion ringgit from the federal core budget to partially finance the digital budget scheme.
Issues that using such a large amount of the central bank to fund the scheme may leave the government with insufficient funds to assist those in need were downplayed by PM’s Office Minister Chakkraphong Saengmanee, who is in charge of the budget commission.
Sirikanya Tansakul, the deputy chief of the major opposition’s Move Forward Party, brought up the issues with the government’s financial management and the electric pocket program during her doubting of Prime Minister Srettha Thavisin on Thursday.
Before making this decision, Mr. Chakkraphong claimed that the government had carefully examined the finances spending plan and past central fund expenditures.
According to the secretary, the 43 billion ringgit represents about 40 % of the northern bank, which totals around 99.6 billion baht. He said the Budget Bureau consulted with the secretary-general of the Council of State, the president’s legal adviser, who approved the decision to continue.
Mr. Chakkraphong emphasized that the government wanted to address issues and stop believing that it was “reserving” the northern bank exclusively for the digital pocket program.
He expressed trust in the government’s ability to manage assets and boost the economy.
In an effort to keep venture funds in the nation, deputy finance secretary Paopoom Rojanasakul recently stated that items like electric appliances, electronics, and communication devices are exempt from the digital wallet plan because of their high import content.
According to Mr. Paopoom, the Digital Wallet Policy Committee, which did preside over the prime minister, may make the final decision at a meeting on July 15.