BANGKOK: Thailand’s former central bank chiefs have joined economic experts in urging the government to scrap its flagship US$15bil cash handout policy, warning that it risks stoking inflation and hurting long-term fiscal discipline.
The “digital wallet” programme, which would give most Thais a one-time handout of 10,000 baht (US$270), will do more harm than good, according to a statement signed by 81 economic experts.
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