Bangkok: Pheu Thai Party has confirmed that the government has sufficient funds allocated for the digital wallet project, urging opposition parties not to worry about the project’s feasibility. The government assures that the rollout is on schedule and aims to stimulate the economy swiftly, with a focus on testing the technology with a pilot group of 16-20-year-olds.
According to Thai News Agency, Mr. Chanin Rungthanakiat, a Member of Parliament and deputy spokesman for the Pheu Thai Party, addressed concerns regarding the digital wallet project. He emphasized that the necessary budget has been allocated for the 2025 fiscal year, specifically for Phase 3 of the project which targets individuals aged 16-20. This age group was selected to test the system’s readiness due to their technological adeptness. Mr. Chanin assured that everyone registered through the government’s application would receive the funds as the project progresses.
Mr. Chanin further explained that the initial distribution to the 16-20 age group was strategic, as they are more likely to adapt quickly to new technologies. By ensuring this group can use the system effectively, they can assist other societal groups in understanding and utilizing the technology. The approach aims to avoid potential issues by gradually implementing the system rather than enforcing it universally from the outset. The decision was made through a committee’s resolution, representing a consensus among civil servants and politicians.
Mr. Wisut Chainarun, another MP from the Pheu Thai Party, addressed criticisms from opposition members, particularly Ms. Sirikanya Tansakul of the Prachachon Party, who doubted the project’s feasibility. He reassured that the government had already secured the necessary budget and emphasized that there was no additional borrowing involved. Mr. Wisut insisted that the initiative is an economic policy designed to provide financial relief to citizens, not a preemptive attempt to buy votes.
Responding to concerns about potential misuse of funds by the 16-20 age group, Mr. Wisut expressed confidence in the government’s plan and the system’s robustness. He highlighted the project’s success in its third phase and assured that the subsequent phase would proceed smoothly, with approximately 20 million more people set to receive funds. He reiterated that the government had thought through the system comprehensively and urged opposition members like Ms. Sirikanya not to worry.
