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Trying to Understand the Logic (If Any) of Thailand’s 10,000 Baht Handout

The Diplomat LogoThe Diplomat17h ago

Trying to Understand the Logic (If Any) of Thailand’s 10,000 Baht Handout - The Diplomat

Quick Summary:

The debate surrounding the "digital wallet" stimulus is now less about whether it’s a good or bad idea and more about just how much damage it will do.

After distributing money to 14.5 million vulnerable individuals – 12.4 million state welfare card holders and 2.1 million disabled people – in the first phase and 4 million elderly citizens in the second, the third phase will direct payments to 2.7 million youths aged 16 to 20.

Unlike the direct bank transfers of previous phases, the third phase will introduce digital currency, bringing Pheu Thai’s flagship “digital wallet” election pledge to life at last.

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Article Details

Author / Journalist: Tita Sanglee

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 09:48:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2378 words

Reading Time: 14 minutes read

Sentences: 106 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 27077942

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About The Diplomat

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Main Topics: Economy

Official Website: thediplomat.com

Update Frequency: 1 posts per day

Year Established: 2001

Headquarters: United States

News Last Updated: 3 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #70

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  • URL: https://chronographically.beamstart.com/news/trying-to-understand-the-logic-17422019653569

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