FILE PHOTO: Thailand’s Prime Minister Paetongtarn Shinawatra speaks during a press conference at the Pheu Thai party headquarters following a royal endorsement ceremony in Bangkok, Thailand, August 18, 2024. REUTERS/Chalinee Thirasupa/File Photo

Prime Minister Addresses Concerns

Paetongtarn Shinawatra Reassures Citizens

Prime Minister Paetongtarn Shinawatra has addressed public concerns regarding the distribution of the 10,000-baht economic stimulus handout. She assured that people aged 21 to 59 will receive their payments in later phases of the scheme, following the initial rollout to younger demographics.

Digital Wallet Initiative

Testing with Tech-Savvy Youth

The government chose to distribute the third phase through a digital wallet system for the first time. To ensure smooth implementation, they decided to test the technology with younger, more tech-savvy individuals aged 16 to 20 before expanding it to other age groups.

Previous Phases of Distribution

Targeted Support for Vulnerable Groups

In the first phase, launched in September 2024, the government provided cash handouts to 14.5 million recipients, primarily state welfare cardholders and people with disabilities. The second phase, implemented in late January 2025, saw an additional 3 million elderly citizens aged 60 and above receiving payments.

Public Reaction

Working-Age Citizens Express Frustration

Many working-age citizens voiced their dissatisfaction on social media, feeling overlooked by the stimulus program. Some taxpayers claimed they had been excluded at every stage—too wealthy for the first phase, too young for the second, and now too old for the third.

Eligibility Criteria

Income and Savings Thresholds

To be eligible for the 10,000 baht in digital money, Thai citizens must meet specific criteria. These include having an annual income not exceeding 840,000 baht for the 2023 tax year and savings in commercial and state banks not exceeding 500,000 baht as of March 31, 2024.

Future Phases

Expansion to All Age Groups

The government plans to extend the digital wallet scheme to all age groups in future phases. This expansion aims to stimulate the economy further and provide financial support to a broader range of Thai citizens.

Economic Impact

Boosting Growth and Consumer Spending

The digital money distribution scheme is part of the government’s broader economic stimulus measures. These initiatives aim to achieve an economic growth target of 3-3.5% by injecting funds into the economy and encouraging consumer spending across various sectors.

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