Thailand Prime Minister Announces Rollout of Digital Cash Handouts

Monday, 15 July 2024, 12:39

Thailand is launching a $13.8 billion digital money handout plan to stimulate the economy, providing citizens with 10,000 baht each in digital currency. The ambitious 'Digital Wallet' program aims to support businesses and individuals by injecting funds into the economy. Prime Minister Srettha Thavisin has set August 1st as the registration start date for eligible participants, emphasizing a smooth implementation process.
Yahoo Finance
Thailand Prime Minister Announces Rollout of Digital Cash Handouts

Thailand's Controversial Digital Money Handout Plan

Thailand's economy to receive a boost with $13.8 billion stimulus in digital currency.

Key Points:

  • 10,000 baht each: 50 million citizens to receive digital cash.
  • Boosting local businesses: Program meant to stimulate spending.
  • Registration details: Eligibility criteria and start date announced by Prime Minister.

Despite criticism, the 'Digital Wallet' initiative aims to revitalize the economy through direct cash injections.


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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