Thailand’s prime minister has said that eligible businesses and individuals can register from August for digital cash handouts, a controversial program that will cost billions of dollars and is meant to boost the lagging economy.

Thailand’s prime minister said Monday that eligible businesses and individuals can register from August for digital cash handouts, a controversial program that will cost billions of dollars and is meant to boost the lagging economy.

The government announced in April the widely criticized ambitious plan, named the Digital Wallet, meant to give 10,000 baht (about $275) to 50 million citizens in digital money to spend at local businesses.

However, economists have criticized the program, calling it an ineffective way to contribute to sustainable economic growth compared to other measures.

Thailand has in recent years suffered from a sluggish economy that appears to have deteriorated with no clear sign of growth. This month, the World Bank’s Thailand Economic Monitor projected GDP growth of 2.4% for the year 2024.

        • helenslunch@feddit.nlEnglish
          25·
          1 month ago

          No we’re just ignoring the “spins” and discussing facts. If you want to use different words, that’s fine. But to say that someone else is wrong because they didn’t use your preferred synonym is factually incorrect. It’s needless banter in an area that already has a massive excess.

          • acargitz@lemmy.caEnglish
            61·
            1 month ago

            So, if I call you a pedant, as opposing to “detail oriented”, you’ll be fine with it, because we’re just discussing facts and you’re fine with different words. Cool cool cool cool cool.

            • helenslunch@feddit.nlEnglish
              24·
              1 month ago

              So, if I call you a pedant

              I’m being the opposite of a pedant so that would indeed be the opposite of factual.

      • can@sh.itjust.worksEnglish
        21·
        1 month ago

        Have you not heard all the people complaining about people getting handouts? Yes, it may not be incorrect but if we know that phrasing is going to lead to many people being dismissive of others getting help why are you so insistent on it? Are you against the concept and prefer people see it as a negative?