Thailand Launches $13 Billion Digital Wallet Stimulus

Sep 3, 2024, 04:35 AM

The Thai government is implementing a significant digital wallet stimulus program valued at 450 billion baht ($13.1 billion). Prime Minister Paetongtarn Shinawatra announced that part of this stimulus will be distributed in cash. The program aims to support economic development by targeting poorer households, although individuals with criminal records are excluded. The funds have an expiration date, requiring them to be spent within a specific timeframe.