Thai PBS Thai PBS
NESDC casts doubts over domestic consumption rise from digital wallet scheme

NESDC casts doubts over domestic consumption rise from digital wallet scheme

26 Sept 08:44 Key points summarised by AI
  • The National Social and Economic Council (NESDC) questions the digital wallet scheme's ability to significantly boost domestic consumption, citing an already high 7.8% increase in private consumption during the first half of the year.
  • Despite economic contractions in exports and industrial production, Prime Minister Srettha Thavisin anticipates the scheme will stimulate private investment and employment as businesses prepare for increased consumer demand.
Read full article
Economy 1/1
Skip > Skip >