# Thai Government Scraps 10,000-Baht Handout, Considers New Budget Stimulus Plan

- Link: https://www.thailand-business-news.com/economics/220614-thai-government-scraps-10000-baht-handout-considers-new-budget-stimulus-plan
- Published: 2025-05-17T21:15:52+07:00
- Author: Wassana Kasemchai

The Thai government has decided to cancel its planned 10,000-baht digital wallet
handout, originally intended for 2.7 million young people aged 16–20, and redirect
over 150 billion baht toward a new economic stimulus plan.

This decision comes in response to global economic uncertainties, including the 
ongoing U.S. trade war and recent tariff measures, which are impacting Thailand’s
exports and manufacturing sectors.

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Deputy Prime Minister and Finance Minister Pichai Chunhavajira stated that the Economic
Stimulus Policy Committee will convene on May 19 to discuss new strategies to support
domestic businesses facing challenges due to the influx of cheap foreign goods. 
The revised stimulus plan will prioritize production restructuring and liquidity
support for affected industries, especially tourism and real estate, with the goal
of achieving GDP growth of over 3% in 2025.

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The cancellation of the handout follows recommendations from the National Economic
and Social Development Council and the Bank of Thailand, which opposed its third
phase. Prime Minister Paetongtarn Shinawatra emphasized that the government’s economic
policies should address a broader crisis rather than focusing on a specific age 
group.