Govt brushes off central bank’s call for review of digital wallet scheme

thaipbsworld.com

Govt brushes off central bank’s call for review of digital wallet scheme

The Bank of Thailand (BoT) has sent an urgent letter to the government advising it to downsize the “digital wallet” scheme by only providing the 10,000 baht benefit to about 15 million so-called “financially fragile” people, instead of the 50 million people as currently planned. This would enable the plan to be implemented immediately and would only cost 150 billion baht, according to the BoT. The government has, however, shrugged off the centra…