Thailand's Digital Wallet Sitmulus: Handout Scheme for Vulnerable Citizens

Monday, 16 September 2024, 01:55

Thailand's digital wallet stimulus program aims to support vulnerable citizens with a major financial handout. The government plans to distribute 450 billion baht to benefit 45 million people under this initiative, with 10,000 baht provided to each registrant to encourage local spending. Currently, about 36 million have registered, indicating significant interest in the scheme.
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Thailand's Digital Wallet Sitmulus: Handout Scheme for Vulnerable Citizens

Thailand's Financial Handout Initiative

The Thai government has enacted a new digital wallet initiative as part of its economic recovery strategy. The plan involves a substantial financial stimulus amounting to 450 billion baht, targeting vulnerable demographics within the nation.

Details of the Handout Scheme

  • Distribution of 10,000 baht to each registered individual.
  • Encouragement of local spending within six months of registration.
  • A total of 45 million individuals targeted for assistance.

Current Registration Status

So far, approximately 36 million individuals have signed up for the program, including many from the vulnerable segments of society.

Financial Ministry representative, Lavaron Sangsnit, noted that nearly 3 million among these registrants lack smartphones. This poses challenges in accessing the digital wallet system.


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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