Described: 20 Sep 2024 at 05: 30
A 22-member board has been appointed by Prime Minister Paetongtarn Shinawatra to guide the government’s monetary stimulus plan to ensure that it can fulfill its promise to boost the economy.
The visit comes after the government’s policy statement was presented to parliament next week. The government intends to concentrate on policies that will lower household investing, lower living costs, and boost employment and salary.
The table, chaired by Ms Paetongtarn, comprises nine government ministries including the finance secretary and his two deputies, the prime minister’s secretary-general, continuous secretary of the PM’s Office, the Finance Ministry and the Interior Ministry, secretary-general of the National Economic and Social Development Council, the Budget Bureau chairman, the Bank of Thailand government, president of the Digital Government Development Agency, president of the Government Financial Institutions Association, and leader of the Thai Bankers ‘ Association.
The director of the Fiscal Policy Office serves as an assistant to the secretary, while the permanent secretary of finance also serves as the board’s secretary.
The board is tasked with designing the project’s policy, objectives, implementation approach, criteria and conditions, as well as identifying sources of funding, to be submitted to the cabinet.
It is also in charge of developing guidelines for database management, including those relating to data collection, use, processing, and disclosure in order to aid in the delivery of economic stimulus projects.
To support its work, the board may form working groups and invite people to offer their views or input. State organizations and private companies are urged to work together.
Meanwhile, deputy finance minister Julapun Amornvivat stated yesterday that the second phase of the digital wallet initiative will be carried out with funds already designated for the project.
He was speaking out about the possibility of the second phase being postponed after the government had indefinitely delayed announcing the results for smartphone users.
The government made the decision to give the distribution of funds, which will be made in cash, to the 14.5 million people who are currently on state welfare cards and disability cards.
According to Mr. Julapun, the second phase, which would be distributed using the digital wallet, would serve as the foundation for the digital economy, costing approximately 180 billion baht.
” We want to lay the foundations for the digital economy, as well as to stimulate the economy. We remain firmly committed to our goal”, he said.
Mr. Julapan, the main opposition People’s Party MP, asked Sirikanya Tansakun about the delayed announcement of the recipients ‘ registration results during the House meeting. He said the delay was to prevent confusion while the 14.5 million recipients receive cash handouts.