Thailand's Srettha delays digital money handout for 3 months

PM also scales back beneficiaries of Pheu Thai's flagship election pledge

20231110 Srettha Thavisin Presser 1

Prime Minister Srettha Thavisin revealed at a press conference on Nov. 10 that a controversial 10,000 baht handout his party campaigned on will be late and go to fewer people. (Photo by Hiroki Endo)

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer

BANGKOK -- The Thai government has decided to start its flagship 10,000 baht ($280) digital money handout in May next year, a three-month delay from the original target of February, as it needs more time to find ways to fund the populist project.

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