Bangkok, Analyst Innovation Exchange expects Digital Wallet to support GDP growth of 4.1% in 2024. Keep an eye on conditions and timing. Ready to expect the Bank of Thailand to maintain interest rates throughout 2024. Mr. Sukit Udomsirikul, Managing Director, Research Division, Innovest But this does not include the government's economic stimulus measures, especially the Digital Wallet measure, worth 500 billion baht, which is an important factor that helps drive economic growth in 2024. It is considered that if the Digital Wallet measure is passed as announced by the Prime Minister, It will result in the Thai economy expanding by 4.1%. He admits that the Digital Wallet policy is difficult to implement. and have expectations from the people If conditions are adjusted, such as less money or the period of time that will begin to be delayed It may affect the growth of the Thai economy. However, there are still factors that must be taken into account. Both confidence in the foreign economy and bonds that the ma rket is still concerned about As for the interest rate issue It is expected that the Bank of Thailand (BoT) will maintain the policy interest rate at 2.5% in 2024, which is viewed as an appropriate level with 2 factors to keep an eye on: inflation that continues to shrink. and the government's Digital Wallet project. Source: Thai News Agency
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Analysts expect Digital Wallet to support GDP growth of 4.1% in 2024.
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