Thailand to Launch $13.8B Digital Money Handout Plan

Thailand's government is set to implement a $12.4 billion digital cash handout program called "Digital Wallet" to boost the economy, giving 10,000 baht to 50 million citizens. Despite criticism from economists and funding challenges, the program aims to increase GDP growth by 1.2 to 1.6 percentage points. Registration begins in August, with exclusions for certain goods and individuals with a history of fraud.