Budget Bureau Confirms Continued Use of Digital Wallet Project for Economic Stimulus

Bangkok: Budget Bureau reports that the Prime Minister has disbursed investment budgets beyond the target of 72.93% from the target of 66% in the first quarter of this year. He confirmed that the 68 economic stimulus budget will still be used in the digital wallet project as before. The government has not ordered any adjustments.

According to Thai News Agency, Mr. Anan Kaewkamnerd, Director of the Budget Bureau, announced after a meeting with Ms. Paethongtarn Shinawatra, Prime Minister, to follow up on the acceleration of budget disbursements for the year 2025 that from the Prime Minister’s continuous acceleration and monitoring of budget disbursements, budget disbursements for the year 2025, especially the investment budget, were the highest in 5 years, especially budget disbursements for investment budgets, which are an important part of driving the economy.

The latest investment budget disbursement data showed that as of March 30, out of the total investment budget framework of 908 billion baht, 72.93% had been disbursed, 66% higher than the target, or 620 billion baht, which is higher than the same period in the past several fiscal years and higher than the set target.

‘The disbursement of the investment budget is linked to many parts of the economy. Part of the reason the disbursement exceeded the target was because the Prime Minister had been expediting this issue since the beginning of this year,’ said Mr. Anan.

The Director of the Budget Bureau also said that for the remaining budget commitments of this year, Mr. Anan said that there will be 2 parts: the new project budget commitment of approximately 52 billion baht, of which approximately 15-20% will be disbursed within this budget. Another part is the budget commitment projects that have been committed since 2024, totaling approximately 35 billion baht, which will be another budget that will help stimulate the economy in the second half of the year.

When asked whether the trade war situation and Donald Trump’s tax hike would affect the government’s 2026 budget and economic stimulus plans, Mr. Anan said that the government’s policies have not been changed at this time and the economic assumptions are still the same. As for whether there will be any changes in the future, it will have to be assessed again.