Thai government expands digital wallet scheme
The Thai government aims to extend its digital wallet initiative to reach a total of 45 million people.
The Thai government will extend its digital wallet scheme to a second phase, covering four million people and distributing 40 billion baht, according to Finance Minister Pichai Chunhavajira.
Around 14.5 million people benefitted from the initial phase, which was part of a nationwide economic stimulus effort aimed at boosting consumer spending.
The programme is expected to reach a total of 45 million individuals once fully implemented, cementing its role as a flagship government initiative.
Officials in Thailand are positioning the digital wallet scheme as a cornerstone of the country’s recovery strategy, with significant investments planned to stimulate growth.
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