Thailand's central bank opposes the government's $14bn cash plan for most citizens, preferring aid for those in need.

Thailand's central bank opposes the government's $14bn cash plan for most citizens, preferring aid for those in need. Private consumption is expected to expand 4% this year, according to the Bank of Thailand Governor Sethaput Suthiwartnarueput. The government's digital wallet program, which promises 10,000 baht each to 50 million citizens, has faced numerous controversies and delays.

June 19, 2024
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