11 July 2024

Prime Minister Srettha Thavisin confirmed today a delay to the launch of the “digital wallet” scheme, but no cancellation, adding that he wants to receive official recommendations from the national anti-graft body first.

He was speaking at Suvarnabhumi International Airport, after returning from the World Economic Forum in Switzerland.

Speaking on Wednesday, Deputy Finance Minister Julapun Amornvivat also admitted that the scheme, originally set for May, will be postponed so the government can consider all information involved.

Referring to the opinion of the National Anti-Corruption Commission (NACC), Srettha said that he has already received a draft NACC report from Julapun and is awaiting the official version.

The government is seeking the issuance of a bill to authorise the borrowing of Bt500 billion to fund the scheme, despite the fact that, during the May general election campaign, the Pheu Thai party promised to use the national budget, not a loan, to support the scheme.