The esteemed deputy government spokesperson, Treechada Srithada, revealed on an eventful Sunday that a bold digital economic strategy is in motion. The commendable Prime Minister Srettha Thavisin, in collaboration with the esteemed Deputy Finance Minister Julapun Amornvivat, are resolutely striving to set the wheels in motion for an ingenious scheme. A digital wallet, carrying the potential value of 10,000 baht, is slated for every Thai resident aged 16 years and above.
“This flawless execution of the scheme is hundreds percent destined for success, thanks to the unflinching alignment with the policy statement that our reputable government put forward in Parliament,” Treechada eloquently stated.
Treechada further illuminated that the specifics and preconditions for triggering the scheme are expected to be significantly more transparent within the month following a rigorous process; the dedicated subcommittee in charge is diligently refining the specifics to ensure maximum effectiveness. While the fundamental basis of the scheme remains untouched, she did hint at potential adjustments of some details to optimise its functioning.
While canvassing for allegiance, the formidable leader of the coalition, Pheu Thai, made public a fascinating prospect: granting 10,000 baht to all Thais using an innovative Blockchain-based digital wallet system, with the condition of expenditures within a 4-kilometre radius of their residence.
Nevertheless, voices from the provinces arose, revealing challenges in executing the scheme due to the presence of broad forests, massive plantations, and generally lacking shops around their homes, thus restricting their potential purchases. This honest feedback has reportedly been taken into account with the subcommittee considering expanding the spending radius.
Treechada assured that both Srettha and Julapun are devoted recipients of both criticism and support and are ready to assess constructive comments to enhance the scheme’s functionality further.
She passionately revealed that the responsible committee will soon announce crystal clear details on the mechanism for raising a staggering 560 billion baht, a necessary step to finance the innovative scheme. Continually emphasising that Pheu Thai’s stance is not inflexible regarding this scheme, Treechada stated that it was a proposal carefully conceived by economic experts prior to its declaration to the voters.
Key ministers, Srettha, bearing additional responsibilities on the Finance front, and Julapun, the steward of fiscal affairs, have been intently absorbing input from all stakeholders; their wisdom will ensure prudent and effective implementation of the project.
“In essence, the introduction of the 10,000-baht digital wallet scheme is akin to reviving the economy, thereby generating a tremendous economic momentum that will serve as the catalyst to drive our beloved country ahead,” she concluded.