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Opposition slams govt’s 2025 fiscal budget

Opposition slams govt’s 2025 fiscal budget

12 Sept 15:04 Key points summarised by AI
  • Opposition denounces the 2025 fiscal budget as reckless and short-sighted, arguing it prioritizes the government's agenda over critical national issues.
  • The 'digital wallet' scheme faces strong criticism, labeled a populist policy unlikely to boost domestic production or employment, potentially benefiting foreign imports.
  • Concerns are raised over the budget's lack of innovation, with many projects deemed rehashed, and its significant increase (7.8%, largest in a decade) coupled with high public borrowing (870 billion baht).
  • Critics suggest alternative economic strategies, advocating for increased investments in industrial modernization and supporting domestic demand rather than subsidies for foreign products.
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