On September 9, 2024, Finance Minister Pichai Chunhavan revealed updates on the digital wallet project. The initiative aims to provide a cash transfer to holders of the State Welfare Card and individuals with disabilities, totaling 14.5 million people. The distribution of funds is expected to begin after September 20, 2024. Further details of the digital wallet project will be disclosed during Prime Minister Paetongtarn Shinawatra's policy statement to the parliament.
At the ACMA Business Forum 2024 event, Pichai mentioned that the project involves distributing 10,000 baht through digital wallets to 13.5 million State Welfare Card holders and 2.2 million disabled individuals. After accounting for any overlap between these two groups, the total number of beneficiaries is approximately 14.5 million.
The policy statement by the government to the parliament is scheduled for September 12-13, 2024. The digital wallet initiative is one of ten urgent policies that the government plans to implement immediately to stimulate the economy.
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