Government House, Finance Minister reveals that the Cabinet discussed using Budget '67 to create a digital wallet. Emphasize not to lose financial discipline. Not exceeding the public debt limit. Next propose to the MPC to prepare to issue measures to stimulate the economy. After GDP growth was lower than expected Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance Announced after the Cabinet meeting that the Cabinet meeting resolved to approve moving forward with the digital wallet project. The issue of the source of funds has been assigned to the Budget Office and the Ministry of Finance to discuss, and today (21 May) .C.) The Budget Office presented the meeting with the option of using the central budget or changing the budget. But there will be technical problems. Which is not a good choice. Therefore, it was decided to do it within the budget budget for the year 2024, but it must be under the Budget Act. and principles of fiscal discipline Within the framework of public debt Do not e xceed the 70% limit. Details will be presented to the meeting of the State Monetary and Fiscal Policy Committee chaired by the Prime Minister. As for the proposal to create an additional budget framework for the year 2024, an amount of 122 billion baht, to be used in the said project. The Minister of Finance said that some people may have calculated the amount around that amount. If in the frame Which must be detailed again as to what amount is gray. It will be presented to the Cabinet again on May 28th. 'From the GDP figure for 1Q24 at 1.7%, it is good that the GDP figure is not yet negative. Not yet in a recession. It is still considered to be growing lower than expected. But Thailand's potential should grow even more than that. compared to neighboring countries The government therefore saw that There is a need to stimulate the economy in the short term. But the problems of the Thai economy come from the structure. which takes time But some things can be done. Which will consider methods to stimulate the economy further. It will be presented to the Cabinet again,' Minister of Finance Said. Source: Thai News Agency
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