Thailand to inject US$15.2 billion into economy through digital wallet plan: PM

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Thailand to inject US$15.2 billion into economy through digital wallet plan: PM
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BANGKOK: Thailand's Prime Minister Srettha Thavisin said on Monday (Oct 2) his government would inject 560 billion baht (US$15.23 billion) into the economy next year through its signature digital wallet policy. The stimulus will be driven by the key plank of Srettha's Pheu Thai Party's electoral platform,

Thailand's Prime Minister Srettha Thavisin delivers the policy statements of the Council of Ministers to the parliament, in Bangkok, Thailand, September 11, 2023. REUTERS/Athit Perawongmetha/File PhotoBANGKOK: Thailand's Prime Minister Srettha Thavisin said on Monday his government would inject 560 billion baht into the economy next year through its signature digital wallet policy.

Srettha, a real estate mogul who came to power in August, is looking to breathe life into a sluggish economy weighed down by weak exports and low investor confidence.

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