BANGKOK -- Thai Prime Minister Srettha Thavisin's cabinet on Tuesday approved adding 122 billion baht ($3.3 billion) to the 3.48 trillion baht fiscal budget, to be raised mostly from loans, as it seeks legal ways to finance its flagship digital wallet stimulus.
Economy
Thai cabinet signs off on $3bn in borrowing for digital wallet
PM Srettha launches last-resort bid to fund Pheu Thai's promised handout
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With the government losing support, Prime Minister Srettha Thavisin in legal jeopardy and the country's economy only managing to inch forward, the Pheu Thai party has placed all its chips in a controversial digital wallet scheme. (Photo by Hiroki Endo)
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