Economic news

Thailand expects less than 40 million people to join handout scheme, official says

2024.09.16 03:23

BANGKOK (Reuters) – Thailand expects less than 40 million people to sign up for its flagship digital wallet handout scheme, finance ministry official Lavaron Sangsnit said on Monday.

© Reuters. FILE PHOTO: People shop at a market as Thailand is to inject $15.2 bln into economy next year through its digital wallet policy, in Bangkok, Thailand, October 2, 2023. REUTERS/Athit Perawongmetha/File Photo

The government has planned to give away 450 billion baht ($13.56 billion) to 45 million people under its stimulus programme, which will see 10,000 baht ($301) transferred to each of those who register, to spend in their localities within six months.

($1 = 33.1900 baht)



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