Thailand hands out money in 'digital wallet' stimulus plan DW 10/01/2024
Briefly

"For political agendas, it is quite clear that after the introduction of the 10,000-baht cash handouts, the popularity of PM Paetongtarn Shinawatra rose to the top, according to a NIDA poll," she told DW.
"Cash will be put into the hands of Thais and create a tornado of spending," Paetongtarn said at the program's launch.
The scheme is estimated to cost the Thai government $14 billion dollars, raising questions about its long-term impact on the economy.
There is discussion among economists whether it will be effective in bolstering consumer spending, or if it is merely a populist policy.
Read at www.dw.com
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