Jobs
Thai PM says digital wallet scheme will spur jobs and manufacturing
BANGKOK, July 11 (Reuters) – The Thai government’s flagship 500 billion baht ($13.8 billion) “digital wallet” handout scheme will spur job creation and stimulate underdeveloped provinces and regions, Prime Minister Srettha Thavisin said on Thursday.
Some minor changes to the policy reflect public opinion, he said in a speech to parliament, adding the government planned to announce all the details of the policy on July 24.
“The capital injection will help spur manufacturing and create jobs,” Srettha told lawmakers.
Two former central bank governors and economists have criticised the plan as fiscally irresponsible, but the government has rejected those arguments.
“You are able to diagnose the issues, but the solution is unclear,” said opposition lawmaker Sirikanya Tansakul in response to the Prime Minister’s speech.
($1 = 36.2500 baht)
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Reporting by Chayut Setboonsarng and Panarat Thepgumpanat; Editing by John Mair
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