Thailand delays RM66bil handout scheme to fourth quarter


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BANGKOK (Reuters): Thailand's government expects to launch a signature handout scheme worth 500 billion baht (US$13.8 billion - RM66 billion) by the fourth quarter of this year, a deputy finance minister said on Monday, delaying it beyond a former target date of May.

Concerns over the funding have dogged the controversial digital wallet scheme to transfer 10,000 baht (US$275) to 50 million Thais to spend within six months, with some experts having called it fiscally irresponsible.

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Thailand , Govt Handout , Plan , delayed , Fourth Quarter

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