Loading...
Market
What will be the impact of the digital wallet scheme on Thailand's inflation rate in 2024?
2
Resolution / Starting Odds
Less than 1% • 25%
1% to 2% • 25%
2% to 3% • 25%
More than 3% • 25%
Official economic reports from the Thai Government or reputable financial institutions
Story
Thailand Announces $13.85 Billion Digital Wallet Scheme with 10,000 Baht for 45 Million Participants
Jul 24, 2024, 03:29 AM
Thailand's Finance Minister Pichai Chunhavajira announced a 500 billion baht ($13.85 billion) 'digital wallet' handout scheme to stimulate the sluggish economy. The scheme, which includes a 10,000 baht digital wallet policy, aims to address high household debt and low income, which have pressured purchasing power. The government expects 45 million participants in the digital wallet scheme, with 450 billion baht prepared for distribution. The economy is projected to grow by 2.4% this year, which is considered low due to structural issues. Public debt is nearing 70%, leaving limited fiscal space for further measures.
View original story
Similar markets
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
Negative impact • 25%
Yes • 50%
No • 50%
Above 70% • 25%
50-70% • 25%
30-50% • 25%
Below 30% • 25%
Yes • 50%
No • 50%
Less than 50% • 25%
50% - 70% • 25%
70% - 90% • 25%
More than 90% • 25%
Yes • 50%
No • 50%
Northern Thailand • 25%
Central Thailand • 25%
Southern Thailand • 25%
Northeastern Thailand • 25%
Yes • 50%
No • 50%
Fully implemented • 25%
Partially implemented • 25%
Not implemented • 25%
Cancelled • 25%
Retail • 25%
Healthcare • 25%
Education • 25%
Other • 25%