According to Patongtarn, the government is looking for best actions to rapidly altering financial problems.
PUBLISHED: 15 May 2025 at 12: 45
The next step of the government’s 10,000-baht handout program has been assured by Prime Minister Paetongtarn Shinawatra, who has confirmed that it will not be abandoned.
In light of the effects of US tariffs on the Thai market, she responded on Thursday to rumors that the government would evaluate the next phase of its electronic pocket program.
Finance Minister Pichai Chunhavajira stated on Wednesday that all financial stimulus measures, including the 10,000-baht handout, are being reviewed as the government must reevaluate its interests in light of the global trade unrest that was affecting the market.
Before the appointment of the financial stimulus plan council at Government House, Mr. Pichai, even the deputy prime minister, responded to reporters ‘ issues.
27 billion ringgit is expected to be spent on the next step of the flyer. Some critics have suggested that the money would be better spent elsewhere because the income was only used for the first two stages of the project’s financial impact.
Given the new economic conditions and US tax policies, according to Ms. Paetongtarn, the state was required to listen to more opinions.
More voices must get heard. Before heading for a two-day official visit to Vietnam, she said,” If we have a final conclusion, we will soon let you know.
She continued, adding that the next stage of the digital wallet was still in the works, adding that the state was trying to find the most efficient way to stimulate the market.
She continued,” We are waiting to hear all ideas and trying to advance in every way.”
The authorities had a number of monetary stimulus plans, which necessitated participation from all sides because the world economy was currently being affected.
” We need to employ both money and plans to stimulate the economy, not just one time party,” said Ms. Paetongtarn. We divided the ( the handout ) into age groups in the original plan. But we must then examine everything.
The cabinet approved the next phase of its digital wallet initiative in March, which will give 2.7 million people between the ages of 16 and 20 money as part of its monetary stimulus package.
Welfare customers, those with disability, and those over the age of 60 were covered in the first two stages.