PUBLISHED: 05 :08 on February 4, 2024.
On Saturday, Prime Minister Srettha Thavisin announced that he would expedite discussions with Deputy Finance Minister Julapun Amornvivat about how to proceed with the electric pocket plan worth 10,000 baht.
The handout, which was initially set to go on sale in May, seemed to run into a roadblock in the wake of an investigation by the National Anti-Corruption Commission ( NACC ) that warned the program was potentially in legal jeopardy.
The finance minister, Mr. Srettha, stated that the government is still awaiting the NACC’s tips while even thinking about a backup program in the interim.
The consumer is looking forward to the plan rollout, so I will speak with Mr. Julapun about how to proceed, he said.
The prime minister said the government would need to speak with the NACC primary and declined to say how delayed the flyer may be.
The premier policy is still on trail, according to Prommin Lertsuridej, the prime minister’s secretary-general, and the government will move forward with a bill to request an interest loan of 500 billion baht to finance it.
After the NACC’s record is forwarded to the state and the modern budget committee reconvenes the following year, he said the administration is getting ready to respond to questions about the program.
He claimed that the country’s latest statistics indicate an economic crisis has occurred, highlighting the need for such a measure.
The Fiscal Policy Office ( FPO ) reported that GDP did not grow by 2.7 % as expected in 2023, only by 1.8 %. The FPO anticipates a 2.8 % increase in the economy this year.
The state will determine whether there is a problems or not. The president’s responsibility is to develop plans that will improve the situation of the populace and act in accordance with the actual circumstances. According to Dr. Prommin, this is what it hopes to accomplish with the online budget.
Phumtham Wechayachai, the deputy prime minister and minister of commerce, emphasized once more the importance of the digital wallet scheme in addressing financial issues.
Mr. Phumtham cited a group of academics who cautioned that Thailand might find itself struggling to deal with an economic crisis resembling the collapse of 1997 unless the government boosts purchasing power and increases the fiscal multiplier effect.