$ 15 billion Airdrop? This promises Thailand's opposition party

$ 15 billion Airdrop? This promises Thailand's opposition party

Thailand's most important opposition party promises an air drop of around 500 billion baht (about $ 15 billion) in cash within a few months after taking power.

The party official said that the step would probably help to recover the country's battered economy and to relieve those who are fighting against “debts”.

  • According to a Bloomberg report, a government led by Pheu Thai plans to distribute 10,000 baht to around 55 million citizens aged 16 and over if it gains the parliamentary elections set for May.
  • Prommin Lertsuridej, who is commissioned to lead the party's economic policy committee, announced that the funds are paid out with the help of digital wallets based on blockchain technology.
  • This enables individuals to output for goods and services in their neighborhood.
  • Srettha Thavisin, one of the party's three candidates for Prime Ministers, was quoted

"Our country has been economically struck in the past eight years, with fewer income and more expenses for people." The current government has fed infusions with small donations. This is not the right way and does not stimulate the appropriate and correct economic growth

  • The opposition party has also promised a strong increase in minimum wages. Steps are also taken to triple agricultural income and guarantee a monthly minimum income for households.
  • While crypto hand and adoption are popular in Thailand, the prevailing elite has sent contradictory messages about the sector.
  • Last month, the Thai government prepared a number of tax reliefs and incentives for crypto companies that issue digital tokens.

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