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Bangkok Post
Bangkok Post
National

THE TRUTH ABOUT: A taste of populism - Caught on Camera

Srettha Thavisin, one of Pheu Thai's prime ministerial candidates, announces the 10,000-baht handout policy early this month. (Photo: Pattarapong Chatpattarasill)

The Pheu Thai Party's "digital wallet" policy, designed to woo voters ahead of the May 14 general election, has drawn a mixed reaction from politicians and the public alike.

Economists have cautioned against stimulus spending as it could fuel inflation and lead to a hike in prices of consumer goods. They say investing in upgrading skills and projects to reduce the digital divide are less costly and a better way to stimulate the economy.

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