In a recent announcement on the social media platform “X,” Prime Minister Srettha Thavisin unveiled a significant government initiative. The policy involves providing a 10,000-baht stipend through the Digital Wallet, aimed at boosting living standards and driving economic growth nationwide.
This groundbreaking move entails injecting 500 billion baht into the economy, set to benefit a staggering 50 million citizens. The overarching goal is to invigorate economic activity by encouraging spending, elevating quality of life, and fostering job creation, especially for vulnerable segments of society. The ripple effect is anticipated to encompass expanded business ventures, heightened production levels, increased employment opportunities, and a robust economic ecosystem.
Prime Minister Srettha underscored the tax advantages associated with the initiative, emphasizing the Digital Wallet’s role in ensuring transparent and accountable spending aligned with the project’s objectives. With transactions easily traceable, this initiative sets the stage for a thriving digital economy, poised to benefit citizens, communities, and entrepreneurs alike.