Madame Dear" is concerned about whether the government's spending of 560 billion baht will affect fiscal stability or not. Benefits to entrepreneurs or magnates. Answer 6 questions clearly. What do Thai people get from digital wallets?
Ms. Wathanya Bunnag, Chairman of the Bangkok Political Innovation Working Group, Democrat Party Posted a message via Facebook 'Dear Watanya Bunnag' and Twitter 'Watanya Bunnag', questioning the government and the Digital Wallet Policy Committee that is expected to be appointed at the Cabinet meeting. The Cabinet will discuss the worthiness of using the budget of 560 billion baht tomorrow (September 26), clarity in giving money, spending, and conducting inspections. Including solving economic problems in other areas, a total of 6 questions, with the following contents: What will Thai people get from the budget of over 560 billion baht that will be used for the digital wallet policy??
We should see the direction of the 10,000 baht digital wallet policy soon through the Cabinet meeting and setting up a committee to frame policy, work, inspection and evaluation. on this Tuesday As a citizen who pays taxes I would like to leave six questions and concerns regarding the use of the national budget to the government and the committee: 1. Where will the more than 560 billion baht of money that will be used in policy preparation come from? And will the form of money and spending be a Blockchain system or will it be E-Money? To this day there is still no clarity from the government. In addition to the interview of the minister.
2. No matter what type of technology the money uses. But it cannot be denied that the budget must be used as capital to spend on the project. So, will this policy have a negative impact on fiscal stability in the long run? This will increase the burden on the budget by using future money first. And will Thai people face difficulties later? 3. Foreign academics have come out to confirm that it is impossible for such a project to cause money to rotate in the system through money multipliers (Multiplier Effects) up to 6 times as the government expects. Therefore, the government should reconsider if the money in the system cannot complete 6 rounds as intended. Is spending a huge budget still worth it to continue the project?
“The important thing is how to make that money distributed to small entrepreneurs more than #tycoons? And who will collect the data? That does not include cases where people use money in applications belonging to foreign nationals, which may ultimately cause some of the budget money that comes from Thai taxes to leak outside. The money injected into the system in hopes of stimulating the economy cannot be fully circulated within the country,” Ms. Wattanya stated.
4. The government must not forget that in addition to stimulating the economy in the immediate period, What people are facing is the problem of debt and the rising cost of living. Even though today the government is rushing to find a way to reduce the cost of living and solve debt according to the policy that it has campaigned for. But one thing the government must not forget is People expect to see the government solve the problem of cost of living at the root cause, for example, the problem of electricity costs. It is not a solution of rubbing your face and nose. Reduce people's living costs today by using tomorrow's money. In the end, the people are still the ones who have to bear the same burden while the energy capitalists remain strong. Get richer every day?
5. Details of how to use money, whether it can be used no more than how much at a time? And within a radius of 4 km. from where? As in the house registration or what? In the case of displaced workers who come to work in Bangkok Going back to spending money in the area would be difficult. Might it provide an opportunity for corruption? 6. What will the transparency of this project be like? If corruption occurs, such as exchanging cash, exchanging rights, selling rights, etc.
“These are all things I would like to ask on behalf of all Thai people. Because during the period when the Thai economic recovery was slower than many other countries Plus there is a limited budget. Public debt has increased until it hits the loan ceiling. But Thai people still have rising household debt. Along with economic inequality that is becoming more and more distant. If we spend a large budget in the wrong direction or gain benefits from a specific group Hope for economic development remains dim,” Ms. Wattanya said.
Source: Thai News Agency
