Beginning at the end of the time, a modern income bonus
According to Deputy Finance Minister Julapun Amornvivat, the government may launch its iconic digital wallet handout program in the final quarter of the year, with the implementation schedule expected to become more explicit once the electric pocket plan committee meets on April 10.
The 500 billion bass structure is tentatively set to launch in May, but it is anticipated that a delay will result from the controversy surrounding its legality.
The government has also been issued a warning from the National Anti-Corruption Commission ( NACC ) regarding a range of potential pitfalls related to the scheme, including graft and legal risks.
The administration’s digital budget policy committee will join tomorrow to examine the feedback received from more than 100 organizations that cover both the public and private sectors, according to Mr. Julapun in the most recent upgrade on the scheme.
The council will examine the NACC’s concerns and question the Finance Ministry to come up with a remedy for application, he said.
Mr. Julapun stated that all relevant organizations may begin their preparations on April 10 and give a briefing to the committee that will oversee the implementation of the policy.
After that, the committee will study the site’s information and post them to the government for authorization.
Once the cabinet approves the scheme, the scheme’s legal ramifications, sources of funding, and technical details will be laid out, he said, it wo n’t take long.
The second quarter of this year’s calendar year is when the 10, 000-baht digital pocket scheme will launch, and the funds may be deposited into the consumers ‘ records in the last quarter.
” The plan will surely proceed. The offer may be the similar– a 10, 000- baht handbook for 50 million people via the Pao Tang software, “he said.
The Pheu Thai-led government’s flagship policy is the online cash handout, which is intended to boost the economy.
Thais aged 16 and older who earn less than 70, 000 ringgit a fortnight and have less than 500, 000 ringgit in their bank balances stand to get a 10, 000- ringgit flyer under the program.
Based on these requirements, an estimated 50 million individuals may be eligible for the handout– along from 56 million initially.
According to Mr. Julapun, there is discussion among people that the nation needs incentives to encourage economic growth.
Nevertheless, at a new general conversation sought by the Senate, Senator Chalermchai Fuengkhon criticised the plan, calling it an attempt to buy seats. He demanded that the NACC conduct an investigation into the election commission (EC ) and the cabinet over the policy.
The senator claimed that the government has repeatedly altered the scheme’s terms but failed to specify how it will be funded, which would indicate that Pheu Thai had not done so in advance.
Despite the policy’s backers failing to provide further information on how to finance the scheme within 15 days of the government’s policy statement in September last year, the poll agency approved the policy and even incorporated it as one of its core policies.
He said the scheme could be a violation of Section 162 of the constitution, so the NACC should launch a probe to ensure the EC’s and cabinet’s transparency.
Mr. Chalermchai also cited concerns raised by various stakeholders, including the Bank of Thailand, to support his call for the NACC to intervene, and urged the government to abandon the scheme.
” The project is n’t cost effective to implement, because the government did n’t mean it to tackle the nation’s economic problems. It merely aimed to distribute money to individuals as promised during the campaign for the election. This could constitute a ‘ promise to give’ ]a vote- buying practice], “he said.
Senator Somchai Sawangkarn also demanded that the digital wallet policy be repealed, citing the charter and the State Fiscal and Financial Disciplines Act.