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All restrictions on spending of digital wallet scheme lifted - Phumtham

All restrictions on spending of digital wallet scheme lifted - Phumtham

10 Sept 20:23 Key points summarised by AI
  • Deputy PM Phumtham Wechayachai confirmed that 14 million disabled and vulnerable Thais will receive 10,000 baht in cash this month, pending immediate cabinet approval next Tuesday.
  • The remaining 30 million beneficiaries will receive their 10,000 baht in two payments: 5,000 baht in cash this year and the balance in 'digital money' next year, funded by the 2025 fiscal budget.
  • All prior restrictions on how the digital wallet funds can be spent have been lifted, aiming to maximize the scheme's effectiveness in stimulating the sluggish economy.
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