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Thailand is set to roll out a controversial $13.8 billion handout plan in digital money to citizens

  • Thailand will implement a $13.8 billion "Digital Wallet" plan, providing 10,000 baht to 50 million citizens for local spending, starting in the fourth quarter.
  • The plan's cost decreased to $12.4 billion, ensuring all 50 million eligible citizens will participate due to 90% utilization in past handouts.
  • The government faces challenges in finding funding sources for the program.
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