Jun 20, 2024
Thailand's Prime Minister and Central Bank Governor at Odds Over 500 Billion Baht Handout Scheme
PM Srettha Thavisin and BoT Governor Sethaput Suthiwartnarueput are in disagreement over a 500 billion baht handout scheme. The PM supports a plan to distribute 10,000 baht in digital currency to 50 million citizens, while the BoT Governor suggests targeting 15 million welfare cardholders. Critics warn of excessive borrowing and urge a more targeted approach.