The Council of State did not give a green light to the government to proceed with the loan bill to borrow 500 billion baht to fund its digital wallet scheme, but offered its legal observations which, if strictly followed, will avoid problems with the loan bill, said Pakorn Nilpraphan, secretary-general of the council, today.

Thai government advised to protect ‘digital wallet’ from scams and hacks

He explained that the council’s legal observations will have to be considered by the digital wallet committee. Then the Finance Ministry will have to explain whether the country’s economy is in crisis or not, to justify the issuance of a loan bill.

Full story: thaipbsworld.com

By Thai PBS World