Thailand Postpones Digital Wallet Project: New Priorities Unveiled

Thailand Postpones Digital Wallet Phase 3 to Prioritize Water Management and Infrastructure BANGKOK, June 1, 2025 – The Thai government announced today a postponement of phase 3 of its popular 10,000 baht digital wallet stimulus program. Prime Minister Paetongtarn Shinawatra, in an interview with TNN Online, explained the decision, citing the need to reallocate funds towards critical water management projects and infrastructure development in response to the US tariff barrier and global economic uncertainties. "We had planned to launch phase 3 of the digital wallet as a fully digital system," said Prime Minister Shinawatra. "However, unforeseen challenges, including the US tariffs and the need for significant infrastructure investment, have forced us to reassess our priorities." The reallocation of funds will focus on improving Thailand's water infrastructure and addressing long-term water security challenges. The government also aims to use the funds to mitigate the impact of the US tariffs on Thai businesses and accelerate infrastructure projects to boost economic growth. While the delay may disappoint some citizens, the government's emphasis on long-term sustainability and infrastructure development signals a commitment to responsible economic planning and national resilience. The government has assured the public that the digital wallet initiative is not being abandoned and will be implemented as soon as the current challenges are addressed.