“Settha” goes full throttle with digital wallet Ignoring the comments of the Governor of the Bank of Thailand, “Chaophum” vows to move forward without any hiccups. Confident in spending money BAAC is not illegal. Permanent Secretary of the Treasury confirms all concerns have been discussed. Pointing out that this is just the opinion of one director. Revealing contents of “Sethaphut” document, worried about flooding government debt Make Thailand risk having its credit downgraded Affecting investor confidence Suggestions for doing other projects will be more beneficial. Concerned about the liquidity of the BAAC, the secretary issues a decree to adhere to the fiscal and monetary discipline framework. The BoT reiterates that it does not intend to obstruct. But it should only help vulnerable groups. “Bhumitham” is concerned about secret documents being disguised. If it’s real, why don’t they send it to the Cabinet? The Democrat Party threatens the BAAC board to be careful of being caught in the lurch. The cabinet has a quota for 3 areas, 4 in, but the RTA hasn’t settled the matter yet. Let’s continue shaking things up, keep an eye on “Jakkraphon”, a direct child of “Jay Daeng”, sitting as spokesman for the government. “Chaithawat” asks for an extension of another 30 days to fight the party dissolution case, opening an account with “Uncle Pom” with assets of 87 million, a single watch worth tens of thousands. five NACC slams former big man Petroleum Authority of Thailand ONEP involved in bribing Rolls Royce Proof of deposit of money received should not be obtained by Mr. Settha Thavisin, Prime Minister and Minister of Finance. Call the Permanent Secretary of the Ministry of Finance The new treasury chief Deputy Minister of Finance Entered into discussions to fully push forward the 10,000 baht top-up project via digital wallet, despite Mr. Setthaput’s secret document protesting the project. Suthiwat Narueput The Governor of the Bank of Thailand (BoT) dropped out, but “Settha” mobilized a team to push for ten thousand baht at 8:00 a.m. on April 24 at Government House. Mr. Settha Thawee Sin Prime Minister and Minister of Finance Traveled to perform duties amidst news of a cabinet reshuffle (Cabinet) to follow up on work and prepare to welcome Sheikh Hasina, Prime Minister of the People’s Republic of Bangladesh. who is scheduled to officially visit Thailand As a government guest Between 24-29 April until 11:00 a.m., Mr. Lawan Saengsanit, Permanent Secretary of the Ministry of Finance, Mr. Phaophum Rojanasakul, Secretary to the Minister of Finance. whose name will be appointed as Deputy Finance Minister Met to discuss the project to top up 10,000 baht via digital wallet. Then Mr. Pichai Chunhavajira, Advisor to the Prime Minister who has news. Will be appointed Deputy Prime Minister along with Finance Minister and Mr. Chulaphan Amornvivat, Deputy Finance Minister. Gradually meeting with each other, ignoring the governor’s comments. The BoT went all out. After that, at 11:50 a.m., Mr. Paophum gave an interview that Come report to the Prime Minister. Regarding the progress of the digital wallet project, in the case of Mr. Setthaput Suthiwat Narueput The Governor of the Bank of Thailand (BoT) sent a letter of opinion regarding the consideration of the 10,000 baht top-up project via digital wallet to the Cabinet to consider reviewing the criteria for the said project. It is not a warning letter. It is just an opinion. Everything still proceeds according to the resolution. The Cabinet has nothing to falter. Fully ahead Because I brought the opinion of BoT came to talk many times. And there is a common opinion in the policy committee for the project to top up 10,000 baht via digital wallet. Before presenting to The Cabinet approves the project. I would like to emphasize that this project has carefully considered legal matters and is confident that the money will be spent. BAAC is not breaking the law, Mr. Paophum said. The use of 172,300 million baht from the Bank for Agriculture and Agricultural Cooperatives (BAAC) in this project confirms that it meets the BAAC’s objectives. The Secretary-General of the Council of State did not object to the law. What should you be especially careful of? But admit that there is It may have to be sent to the Council of State for interpretation again for the comfort of all parties. But we are not in a hurry to send it during this period. As for the development of the application system to support it. Confirm that it is easier to use than before. Because it is connected to the existing banking system including preparing a support system For those who already have a smartphone, “Lawan” confirms that all concerns have been discussed. Mr. Lawan Saengsanit, Permanent Secretary of the Ministry of Finance Said after meeting with the Prime Minister that the Governor of the BoT can give his opinion. Both agreeing and having objections, we listened to the meeting. The past Cabinet has considered matter of principle And the steps to take after this have regulations and laws that must be followed. Governor’s opinion The BoT did not cause the project to stall. In the case where the governor The BoT requests that the target group be reduced to only vulnerable groups. There are approximately 15 million people with low incomes. It is the opinion of the Governor. The BoT has proposed this since the beginning. Passed the consideration of the Policy Committee Project to top up 10,000 baht via digital wallet All steps have been completed. Nothing is a new issue. At the meeting, this concern was already explained. The Governor of the BoT was one of them. As for the other 20 directors, they did not have this opinion. As for the case, the Council of State will be sent for interpretation. It is a matter of BAAC that is considered new. The Prime Minister ordered this to be done carefully. Issues that we see There is no clarity on consulting the “Sethaphut” decree. Worried about overwhelming government debt, reporters reported that For Mr. Setthaput’s opinion Suthiwat Narueput, Governor of the BoT, stated the need for this project to cover only the target group that needs assistance. It will help stimulate the economy in an efficient and worthwhile manner. and use a reduced budget Especially vulnerable groups low income people The 15 million state welfare card holders can proceed immediately and with a budget of 150 billion baht. There are also suggestions that the project will create a large fiscal burden in the long term. If unable to stabilize the government debt burden It will increase the risk that Thailand’s credit rating will be downgraded. For example, Moody’s evaluation criteria for the digital wallet project will cause this ratio to occur. It is likely to be higher than this threshold. If Thailand’s credit rating is downgraded This will cause the cost of borrowing for the public and private sectors to increase. It may also affect investor confidence in the overall picture, making other projects more beneficial than the governor’s. BoT also has the opinion that Implementing a digital wallet project that uses a high budget This increases the ability to implement other fiscal policies. of the government decreased There is a risk that there will not be enough budget to support emergencies. Increasing the loan limit in fiscal year 2025 until it is almost at the limit set by law. This leaves about 5 billion baht remaining in the loan amount, compared to the average remaining balance in previous years of more than 100 billion baht. It is also proposed that the government should consider the value of using the 500 billion baht budget to invest in projects that will solve structural problems and raise the economic potential of the country in the long term, including medical personnel development projects Use an average credit limit of 3.8 million baht per position. Able to create more than 130,000 medical personnel positions. Free education program for 15 years for students nationwide, 83 billion baht per year. Can support for up to 6 years, double track railway project, Nakhon Pathom – Chumphon section, 40 billion baht per line. More than 10 lines will be developed and the Blue Line electric train project will cost 190 billion baht per line. More than 2 lines will be developed, etc., risking impact on liquidity. BAAC Mr. Setthaput also expressed his opinion on the source. Money to carry out the project said that the BAAC would support it. There should be legal clarity according to the Bank for Agriculture and Agricultural Cooperatives Act, Sections 9-10, together with relevant ministerial regulations. A mechanism for adding money to farmers must be established. Separated from top-up the general public clearly It may be necessary to limit the scope of spending to be consistent with the objectives of the BAAC to prevent misuse of the budget. Therefore, in order to proceed with accuracy and prudence, it is proposed that the Cabinet assign the Ministry of Finance to consult with the Council of State first. In addition, the BoT, in its capacity to supervise the risks and status of specialized financial institutions, has Concerns that the government will assign BAAC supports this project. There is still an outstanding debt burden with the BAAC of approximately 800 billion baht, which may cause risks. Liquidity side and significant risks to the operational status of the BAAC The decree recommends adhering to the financial discipline framework. The reporter further reported that As for the opinion of Mr. Pakorn Nilpraphan, secretary-general of the Council of State, stated that in the case of using BAAC funds worth 172,300 million baht, it must be within the framework of the BAAC’s objectives, duties and legal powers. According to the Agricultural Bank Act, in accordance with the State Fiscal Discipline Act, Section 28, the Ministry of Finance and BAAC must prepare a project management plan to estimate expenditures. Source of funds used throughout the operation period Estimated loss of income and Benefits you will receive Propose to the Cabinet for approval in details before implementing the project as intended. Section 27 of the State Financial Discipline Act, as well as the BoT, reiterates that it will only help groups that are missing Mr. Piti Disyadatta, Assistant Governor. Monetary Policy Group, BoT, said that the BoT has confirmed that it has no objections to the overall digital wallet policy. that the government will have measures to stimulate the economy or using fiscal policy to increase spending, but what the BoT has suggested is a matter of form. that you want to be specific to a specific group Especially groups that have difficulty Vulnerable group To make it worth the money Effective in stimulating the real economy If possible, it will also help save the budget. BoT policies are not at odds with stimulating the economy. But it’s more about the details. that you want to be specific to the group Helps stimulate those who lack more. As for the issue of spending money The BAAC will send it to the Royal Decree for interpretation. The BoT has no conflicting issues and confirms that the BoT does not have authority to order whether or not this can be done because the BoT is responsible for overseeing the stability of the financial institution system. commercial bank and the financial system only The decision must depend on the BAAC committee. In this case, can it be done or not without having to listen to the interpretative decree first? “Bhumitham” is concerned about secret documents deceiving Mr. Bhumitham Wechayachai, Deputy Prime Minister and The Commerce Minister said that if the document gives the governor’s recommendations BoT is actually a secret document. And how did it come out? I don’t know if it’s really a secret document or not. because it was not officially sent to the government Haven’t seen that document yet. In the past, the government tried to inquire at the Digital Wallet Committee meeting. But they didn’t offer anything until today when there was news that the Bank of Thailand’s secret documents were leaked. At the last meeting, the Governor of the Bank of Thailand did not attend the meeting. It may not be a real document. Therefore, much attention should not be paid to this matter. Even though the document specifies what If you don’t submit it to the government, it’s probably not a real document. I don’t see it as discrediting the government. Because I haven’t seen any clear documents yet. The media should ask the Bank of Thailand itself. If it is accepted that it is indeed a secret document, I would like to ask when it will be submitted to the government. And why didn’t they submit to the Democrat Party to threaten the government and do it immediately? Mr. Romtham Khamnurak, Phatthalung MP, Deputy Spokesman of the Democrat Party (PDP), said that after the Cabinet agreed in principle on the digital wallet project. When this project is an important economic policy of the government The Pheu Thai Party campaigned to promote it as a project to pump people’s hearts. Need to stimulate the economy in a big way When approved by Cabinet The government must act quickly. But from going to the area to listen to the voices of the people Want the government to pay in cash No need to bother through any additional apps. If the government is still unable to take action within the 4th quarter, we ask the government to show responsibility. Because it is considered something that the Pheu Thai government has campaigned for but has not actually been able to do. I’m concerned about the BAAC board, especially the board that is a civil servant. May be affected in the future. Please be careful in this matter. “Ratchada” is slamming the loan to distribute to the government, Ms. Ratchada Thanadirek, advisor to the head of the Democrat Party. The Facebook post describes the government’s digital wallet project: “Borrowing money to give away hurts the economy.” The Bank of Thailand (BoT) is concerned about borrowing for digital wallets. Because whether it is hidden in the 2025 budget (budget deficit increases) or borrowed from the BAAC, the government has the obligation to repay both principal and interest. This will create a large fiscal burden in the long run. If government debt cannot be stabilized It increases the risk that Thailand’s credit rating may be downgraded, such as Moody’s assessment criteria if Thailand’s credit rating is downgraded. This will cause the cost of borrowing for the public and private sectors to increase. Including it may affect investor confidence as a whole, “Phaophum” has not received any signal, Mr. Phaophum Rojanasakul, Secretary to the Finance Minister. Gave an interview about the news that he had already received documents to fill out the ministerial qualification form. Please give your opinion on real news only. Will not comment on rumours. Confirmed that there is still no signal from the Prime Minister. When asked again, was it because he was not disclosed because he was told to keep quiet? Mr. Paophum smiled before repeating that Focus on answering real news Not the current news of the prime minister does not need to notify the Deputy Prime Minister Somsak Thep Sutin Mentioned the news, there were 2 nominated as ministers. Do not know how this matter has been proceeded. When asked if it was clear or not to sit Minister of Public Health Mr Somsak replied that he didn’t really know anything from the prime minister. And the leader of the Phuea Thai Party When asked if there was a discussion among the Phuea Thai Party Minister Mr Somsak replied that in the latter, there was a talk but very little, probably because he received enough news. Nothing to follow When asked if the prime minister had to clarify to the minister to be adjusted and moved in advance or not. Mr Somsak replied that it was not necessary as the prime minister’s power. Some people may ask themselves if they have signed the book yet. Or the person who has the name has signed? I don’t know Because if based on the same principles, people who are already ministers No need to make a new history. “Anutin” emphasizes Thai pride. Interior Minister The leader of the Pride Thai Party (Por.) Said after meeting the prime minister that The prime minister called to order government issues. It’s a good work. There is no issue to adjust the cabinet because the prime minister has already said that in the party section Por. Please work at the same place. When asked if the prime minister sent a signal or not When will the Cabinet occur? Mr Anutin answered that there was no prime minister to consider. And he didn’t ask If you want to talk to the party leader, each party cannot be discussed because each party leader has responsibility in their own duties. The Cabinet of the TAT issued the 3rd. 4 Reporters reported the progress of the Cabinet (Cabinet). The latest is quite clear. As for the Phuea Thai Party, it will be adjusted to 3 people, namely, Dr. Chon Nan Srikaew, Minister of Public Health, Mr. Chaiya Proma, Deputy Minister of Agriculture and Cooperatives, which is the district of the Council. As for Mrs. Puangphet Chunlai, Minister of the Prime Minister’s Office Although it is not a MP, but there is a position to support the management. Because Mrs. Puangphet is a senior and has a role in the election. Therefore do not want the section As for the person who was laid down to take over the new position, 4 people, Mr. Pichai Choonwachira, will take the position of Deputy Prime Minister. The Minister of Finance, Mr. Phao Phoom Rojanakul is the Deputy Minister of Finance, Ms. Jiraporn Sinthura, MP, Roi Et. Deputy Minister of Commerce and Mr. Pichit Chuen Ban, the Prime Minister’s advisor, is the name of the Office of the NCPO, requesting to drag the water in the Palang Pracharat Party (PACC). Manat Phrom Phao, Minister of Agriculture and Cooperatives And the Secretary -General of the PACC has the idea to control the Ministry of Agriculture. Therefore sent the name of Mr. Atthakorn Sirilathayakon, Chachoengsao MP as the Deputy Minister of Agriculture Switch the quota with the Phuea Thai Party that adjusted Mr. Chaiya. And also trying to negotiate, asking to adjust Mr. Anucha Nakasai, Deputy Minister of Agriculture From the Thai Ruam Thai Party to build a nation (NTC) to another ministry But this deal has not yet concluded And in the party The NCPO is still not stable. Must move in Deputy Minister of Education, such as the Ministry of Agriculture And the Ministry of Finance If adding Mr. Phao Phum to Another Deputy Minister of Finance will make 3 Deputy Minister of Finance are considered too much. May have to move Mr. Krisda, Chinese, Deputy Minister of Finance of the NBTC to stay in other ministries. But not yet concluded Leaving only the party The only NCPO, the only party that requested to discuss within 2 days, will be due on April 25, expected that the list The Cabinet will be completed by April 26, watching the direct look “Je Daeng” spokesman. Reporters also reported that There is movement from the government leaders, especially in the Phuea Thai Party. Is considering changing people to act on behalf of Mr. Chaiwatarong, spokesman for the Prime Minister’s Office Most recently, Mr. Chakaphon’s name Sutthitham Deputy Secretary -General Was very watched to be responsible for the new government spokesman Even before, there was the name of Mr. Jirayu Wonasap, spokesman for the Ministry of Defense. Is an important candidate In line with the latest news that Mr. Sutin Klangsaeng is still in the position Defense Minister In which Mr. Settha Thaweesin, the prime minister, will not come to sit and gallop Defense Minister For Mr. Chakaphon, a former Chiang Mai MP, which is close to Mrs. Yaowapa Wongsawat, sister, Mr Thaksin Shinawatra, former prime minister, at the last election, lost to the party. Kor Kor asks for an extension of 30 days at the Parliament, Mr. Chai Thawat October, the leader of the party’s party (Kor Kor Kor), gave an interview about the extension of the document to clarify the case to dissolve the party to the Constitutional Court that on 23 April, the party law team applied for an additional 30 days, with 15 days that the party was extended to be insufficient. Think that the Constitutional Court should extend the time for us to go out again When asked if the news of the party will be collapsed, there may be MPs moving across the pole again. Mr. Chai Thawat answered that Believe that the situation is not worse than the collapse of the new future party Try to tell friends in the party not to create an unrustst atmosphere. Or go to hunt the witch Important in the past, we talked about the fight. And the possibility that we will not be dissolved. The Cabinet uses people to suit the work. Mr. Chai Thawat said the adjustment. Cabinet Must focus on personnel to suit the work Rather than circling the chair along the quota When asked about the news of Mr. Settha Thaweesin, the prime minister, will go to sit and gallop. And Gen. Natthaphon Nakphanit is the Deputy Minister of Defense. Mr. Chai Thawat answered that Regardless of who is a minister The important thing is that the determination will be able to reform the army or not. Under political conditions like this Because even the people who support the government There was a voice disagreement and criticized as well. The Act of the Government of the Ministry of Defense and the Royal Thai Army Would like to see the government starting to reform the army that is concrete, reviewing the referendum questions. Has the official resolution of this matter? But want the government to review Ask the wider question, easy to understand, not complicated. Some people in the government try to understand that the party Kor Kor. I want to edit category 1 and category 2, so oppose this kind of question. The truth is not Because of the basic principles If the highest power belongs to the people The constitution should be completely resolved. The Constitution Category 1 and Category 2 is not only related to the royal authority. But there are other issues too Suppose in the future Sor. Then use the single council system, but in Category 1, there are Senate words How to remove Therefore, it is necessary to correct the wording. To be in line with other constitutional amendments That is not related to the royal power There may be technical problems. Kor Kor. The Constitution, Mr. Wan Muhammad, Normat, President of the House of Representatives, said that the case of a party calls to accelerate the draft amendment of that constitution. The party can be proposed. But whether or not to watch again Because the government has resolved to do the referendum first If proposed, then have already been considered If conflicting with the Constitutional Court Until someone went to sing the Constitutional Court Causing the body to amend the constitution Resulting in a more time wasting the referendum 3 times, at least asking the people before the constitution or not. If wanting to fix, it is in accordance with the Constitutional Court’s decision. Then propose a draft amendment According to steps and safe Now the referendum law is already available. Unless the government wants to amend some sections first, it can be resolved during the extraordinary meeting. Still do not know, will there be a proposal? Believe that the people will come out to exercise more than half if everyone, all parties help the campaign, including the government, the public, but if the people come out to use less than half of the right, it does not want to amend the constitution. Must comply with that “degree” suggests the police. Faculty of Law, Thammasat University, 3 times of the Constitutional Referendum whether the question of whether to approve or not with the new constitution By not editing category 1, category 2, if the government wants to move forward to amend the constitution Should find a way to talk to the opposition If still looking differently Afraid that the referendum would not pass Finally, the constitution was unsuccessful. And the matter does not touch Category 1, Category 2, should talk for a reason Do not just go, what kind of question will you have to talk? Including rules according to Referendum Act The specified must be more than half of the rights. Is a matter that can be discussed But the question is to talk or not The starting point for success is the government and the opposition have to talk and find a way out. The problem of referendum is not in the question. But the difference between the opposition and the government “Uncle Pom” reported assets of 87 million days The Office of the National Counter Corruption Commission (NACC) published many political assets and liabilities. There are interesting assets such as Gen. Prawit Wongsuwan, leader of the Pracharat Power Party. In the case of 3 years of the chairman of the Sports Authority of Thailand, with a single status With a total of 87,841,457 baht. The interesting thing is that in other assets, a total of 229,500 baht. One of them has only 1 TW Steel watch worth 15,000 baht and has only the debt over 757 baht. This Gen. Prawit Chaengkarn passed away from the Deputy Prime Minister on September 5, 2016, with 89,214,637 baht, while Mr. Somsak Thep Sutin Chaengkarn passed away. SSO, the list of the Phuea Thai Party on January 15, 2014, with 87,502,327 baht, with 20 million baht in debt. , 558,12 baht. Mr. Kachasak Somboon MPs list The Thai Ruam Thai Party has created 361,819,343 baht and Mrs. Nantana Sangha Prachas. Pride Thai Party has 657,247,925 baht. The Petroleum of Thailand, another director of the Rolls Royce, Mr. Niwat Chaikasemmongkol, Secretary -General of the NACC, said that the NACC has passed a resolution to indicate the offense of Mr. Chitphong. Kwangsuksathit Committee of PTT explores and producing petroleum Public Company Limited or Petroleum of Thailand. And the Rolls-Royce Energy System Company has the right to enter into a contract with Petroleum of Thailand Procurement of air compressors, driven by turbine engine that uses gas as fuel For the production podium in the middle of the Sunday project From the climb, it was found that the years 2004-2018, the petroleum of Thailand, the director of the production platform in the middle of the Sunday project. In the Gulf of Thailand Has procured a dropping air compressor with a turbine engine that uses 2 gas as a fuel of 1 billion baht. The sub -committee consists of Mr. Chitpong, Mr. Chula Singwas Sing and Mr. Anucha Sattanakul, a virtue of a consensus to approve the purchase. With Mr. Marut Maruekthat, President, and Secretary Petroleum of Thailand Expedite the report of the Board of Directors Despite the sub -committee, only a resolution approving the principles of ordering Considered as the purpose of not having a fair price, spreading evidence, receiving money, receiving money, Mr Niwatchai said The inquiry also found that Mr. Phanthawornvornbut, Deputy Manager of the Coastal Division Petroleum of Thailand, which urges to issue a letter inviting Rolls-Royce Energy System to participate in the auction. Before being approved to win the auction, it was received in return for Rolls-Royce, who paid the commissions into the Bank’s bank accounts of Kwai Tum Mek (Thailand) Co., Ltd. in Singapore and transfer to a close person close to 10 million baht. The actions of Mr. Jitpong, Mr. Anucha, Mr. Marut is guilty under the Act on Bidding to the Government Agency 1999, while Mr. Phanthawon has a criminal offense under The offense of employees in the organization or government agency, 1969 and the Act on Bidding Bidding to State Agency 1999 and have serious disciplinary offenses. To send a report to the Attorney General to proceed with criminal cases. And send a report to the supervisor As for Mr. Chula Sing, to death, selling the case out of the reading system. “All Thai Rath newspaper column” here
