House, "Chunlapan" Deputy Finance Minister confirms moving forward with digital wallets. In parallel, waiting for opinions, NACC prepares for a large committee meeting next week. Revealing the preparation of the draft The Loan Act has already been issued. Mr. Chulaphan Amornvivat, Deputy Minister of Finance Revealed after meeting with Mr. Settha Thavisin, Prime Minister and Minister of Finance. Regarding the implementation of the digital wallet project yesterday (Feb. 5), confirming that the government will move forward with the digital wallet project. Parallel to the process of waiting for opinions. and concerns of the National Anti-Corruption Commission or NACC because it is only a suggestion, but since 1 month ago The problem of economic numbers is getting worse. from the situation that occurred People lack confidence in spending. The private sector does not dare to invest. Foreigners that the government invites to invest Still have to wait a period of time causing the consumption sector to slow down Fro m negative inflation for 4 consecutive months and interest rates still increasing. to the point of draining the liquidity of the people The situation of this country So it's like a fish in a pond. People are fish but the water is dry, so they have to add water. or add new money Passing the Loan Act Mr. Chulphan said there will be a meeting of the digital wallet policy committee this week. To consider concerns about corruption. Even though there has not yet been any incident of corruption. Because the policy has not yet begun to be implemented. A monitoring subcommittee will be set up in advance. and to plan and set rules and work patterns In order to prevent digital wallet corruption. or using the wrong type of money Ready to discuss the economic situation of the country Determine the form of stimulation and results that must meet the needs of the people and the private sector. A subcommittee will be set up to listen to opinions. and collect data Mr. Chulphan also revealed that during work Received feedback from the bank and many financial institutions who want to participate in having a central government application To connect with financial institutions Therefore, there will be a discussion for the committee to discuss further with commercial banks. To create connections between banks with digital wallet So that the mechanism can be used in a wide area. and completely connect the country's payment system. As for other comments Of the Council of State and the National Anti-Corruption Commission, Mr. Chulaphan emphasized that they will work in parallel. If there is an opinion The Digital Wallet Committee will also meet. Discussing to clarify together again, Mr. Chulphan also admitted that Digital wallet distribution timeline has moved away But the new timeline from the country's economic situation confirms that it is urgent that the government will take action as quickly as possible. Without confirming whether they will be able to add money to the people in the third quarter of this year or not, but confirming that they will not reduce the project's credit limit. and will expedite the process as quickly as possible Currently, the government has prepared a draft loan bill. or if it is necessary to enact an emergency decree It may need to be considered again. But initially there has not been any discussion about issuing an emergency decree. Source: Thai News Agency