Thailand Delays Launch of Digital Money Program Amid Questions Over Funding and Legality
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Thailand government delays launch of planned digital money program to stimulate economy, now aiming for Q1 2024 launch.
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Program intends to give 10,000 baht (~$274) to citizens over 16 via digital wallet.
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Delay aimed at allowing more time to ensure security of digital wallet system.
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Opposition leaders call for electoral commission to investigate legality of proposed scheme.
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Questions raised about potential lack of funding and need to raise debt to pay for $15 billion initiative.