Thailand Handout Scheme Expects Less Than 40 Million Participants

Monday, 16 September 2024, 03:40

Thailand's handout scheme expects less than 40 million participants, with a phased rollout starting September 25 for 14.5 million vulnerable individuals. The initiative aims to stimulate the economy by providing financial support through a digital wallet system.
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Thailand Handout Scheme Expects Less Than 40 Million Participants

Thailand's Handout Scheme Overview

Thailand's government anticipates that less than 40 million people will sign up for its newly launched handout scheme. This program aims to distribute financial aid via a digital wallet, targeting the most vulnerable populations first.

First Phase of Distribution

Beginning on September 25, approximately 14.5 million individuals who meet specific criteria will be eligible to receive funds. This first round of financial support is designed to assist those facing economic challenges.

Goals of the Handout Scheme

  • Stimulating Economic Growth: By distributing financial aid, the government hopes to boost local spending.
  • Supporting Vulnerable Groups: This scheme focuses primarily on individuals who are most in need of financial assistance.
  • Testing Digital Wallet Effectiveness: The handout scheme will provide insights into the viability of digital wallets for large-scale financial assistance.

Projected Impact of the Scheme

While the government has comprehensive plans, the actual participation rate remains uncertain. Analysts suggest monitoring the scheme's reception and economic impact over the following months.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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