Ministry of Finance, Deputy Finance Minister reveals he is waiting for the NACC’s letter before moving forward with digital wallets. Prepare to issue 100 billion baht in savings bonds in 2024. Smiling, Hong Kong supports Thailand in raising funds for Yuan-denominated Samurai Bonds to create reference interest.
Mr. Chulaphan Amornvivat, Deputy Minister of Finance, said that pushing for the 10,000 baht digital wallet project must wait for a recommendation letter from the NACC to see what it will come out. What legal concerns are there? The government is ready to adjust conditions to be in line with proposals from various parties. The 10,000 baht digital wallet project has not happened at this time. If the project has been driven out There is a corruption problem. There was damage during that time. The NACC was able to come in and take care of it or investigate it. At this time, the draft of the Money Loan Act has been completed and preparations for support have been completed.
Informal meetings of various wo
rking groups Accept giving away digital money Delayed from the original plan in May 2024 may have a delayed effect on the economy. Confirm that all original conditions still apply. You must provide a large board. Decided to move forward Because the government sees that the economy still has problems, the 2023 economic figures announced by the NESDB and the BoT will not be different from the Ministry of Finance. which grew by 1.8 percent while Nida Poll Survey of villagers’ opinions Most of them want a digital wallet. It is the opinion of lower-level villagers who still view the economy as still dangerous or another type of recession. Because they all have debts. Therefore there is a problem in sustaining life. while SMEs No money to expand investment
The Ministry of Finance is preparing to issue 100 billion baht in savings bonds in 2024. The first phase will be to raise funds from retail investors in March 2024, with a limit of 40 billion baht, hoping to promote long-term savings. The Treasury is also ready
to issue foreign currency bonds, such as Yuan, Yen or Samurai Bond, in the Hong Kong market after the Ministry of Finance has not raised funds for 20 years. In February, prepare to travel to Hong Kong. Discuss the future of issuing government bonds because Hong Kong is a large financial market that foreign investors accept. Hong Kong also wants to expand investment in the Land Bridge project in the South that the government is pushing for.
Mr. Chulphan said that the 2024 Budget Expenditure Committee is rushing to push the 2024 expenditure budget into the system on time. It is expected that it will pass the House and come into effect before 17 April 2024, with support for government agencies. Prepare procurement Be ready to get the money out into the system as soon as possible
Source: Thai News Agency