BANGKOK, Thailand – Prime Minister Paetongtarn Shinawatra appeared in another special broadcast of “Empowering Thais with PM Paetongtarn” this morning (June 1) to explain the government’s decision to reallocate 1.57 billion baht from the postponed third phase of the Digital Wallet scheme. The reallocation follows growing concerns about global economic conditions, including US tariff measures, as well as recommendations from the Council of State, the Bank of Thailand, the public, and opposition parties. The Prime Minister stated that the project is not being cancelled entirely and may be revisited if the economic outlook improves.
The redirected funds will now be invested in essential infrastructure projects, which are expected to yield results within the current fiscal year, ending September 30. Water management is a top priority, with plans to mitigate the impact of flooding and drought, expand access to clean water, and ensure a sufficient supply for agriculture and industry. These improvements are intended to address long-standing problems affecting livelihoods across all provinces, including Bangkok.
Transport development will also receive attention, particularly road upgrades to ease logistics and reduce costs for businesses and farmers. Improvements to key tourist areas, including public toilets and facilities, are planned to match international standards and enhance visitor experiences. The government views tourism as a key revenue stream and aims to attract more positive reviews by improving its infrastructure.
Security is another area being addressed, with expanded CCTV coverage in tourist areas to support crime prevention and build visitor confidence. While the government continues its long-term investments, the Prime Minister described the reallocation as a way to deliver practical results quickly, stimulate job creation, and build momentum across sectors.
The program also reviewed the Prime Minister’s recent international trips. In Vietnam, she attended the first Joint Cabinet Retreat between the two countries. In Malaysia, during the 46th ASEAN Summit, she joined discussions on online crime and trade issues. A trilateral session with ASEAN, the Gulf Cooperation Council, and China drew attention to the potential of combining ASEAN’s food exports with Gulf energy resources. Other visits included a high-tech mangosteen facility in Indonesia and a Thai-owned market in London, which distributes popular exports. The government is also preparing a formal bid to host a Formula 1 Grand Prix, describing it as a potential new economic driver that could elevate Thailand’s tourism and motorsport industries. (NNT)
