Bangkok Chairman of the Board of Directors of the Thai Chamber of Commerce and the Board of Trade of Thailand. Proposing the government to make the digital money wallet policy most effective, making the government's digital money policy successful and most beneficial to people across the country. The Thai Chamber of Commerce estimates that such policies will contribute to GDP growth in 2024 to expand by up to 5% as the government hopes.
Mr. Sanan Angubolkul, Chairman of the Board of Directors of the Thai Chamber of Commerce and the Board of Trade of Thailand Revealed after discussion with the Chamber of Commerce committee. and the University of the Thai Chamber of Commerce as an academic department Regarding the guidelines for stimulating the economy through the government's 10,000 baht digital currency policy, details are being prepared and listening to feedback from all sectors in order to improve the format of the project to be clear and consistent with the government's goals. In principle, the Chamber of Commerce viewed as being able to be carried out Including supporting ways to stimulate the economy to recover quickly and sustainably. However, The government needs to simultaneously increase the country's competitiveness in various dimensions in order for the Thai economy to grow appropriately. The government has to spend a lot of money under a situation where the country has budget constraints. Therefore, it is necessary to use the budget for maximum benefit and value for the economy.
In this regard, the Thai Chamber of Commerce has guidelines and proposals for the government to consider in implementing the said measures as follows: 1) The Thai Chamber of Commerce is of the view that laying down the country's financial infrastructure to distribute digital money efficiently and to the point is an important matter. Important Therefore, developing a system that can support and support such policies within a limited period of time is a challenging mission for the government. Therefore, it is proposed that the government use the existing system of Krung Thai Bank, which is a bank under government supervision. There are 40 million people who have registered to verify their identity and spend through the application, combined with platforms and wallets that various agencies have developed successfully into a hybrid system in order to participate. Together with supporting digital payments through various channels, it is an important tool that is ready to support the government's policy on time. The government should encourage spending and investment at all levels. Focus on purchasing products or services that are produced within the country. The private sector, which is the distribution channel, is ready to support products in the community to be sold. It is believed that if this is done in such a way, income will be distributed and circulated in the economy quickly and in many rounds.
2) Request that the government emphasize management and development of the country in other areas along with stimulating the economy in the short term. To increase production ability which is an important factor in reviving the economy, such as irrigation water management projects Especially the El Niño problem that is happening now and next year. If the amount of water is insufficient, the group that will be most affected are farmers, who use up to 72 percent of all water use and are the highest proportion in the country. In addition, there will be more than 7 million households affected. As for the current situation, it was found that 6 provinces were affected by the flooding. The Chamber of Commerce has come to provide financial aid on behalf of the private sector. Through the Commercial Welfare Foundation For this reason, investing in water management in both the short and long term To connect the whole country systematically It will help make the Thai agricultural sector stable. Able to increase productivity and income for farmers. which is consistent with the government's agricultural policy and inequality reduction. This part will help the production sector and the public sector affected by the floods. The drought repeats every year.
However, it is believed that from economic stimulus measures along with other management measures and sustainable water management Including close collaboration between the government and the private sector. It will make the government's digital money policy successful and bring maximum benefit to people across the country. The Thai Chamber of Commerce estimates that such policy will contribute to the expansion of GDP in 2024 to reach 5% as the government hopes. - Thai News Agency
Source: Thai News Agency