Maybank Securities (Thailand) Public Company Limited or MST points out that the digital wallet project is ready to launch a new tax deduction measure, e-Refund, to stimulate private consumption and GDP growth in 2024-2025.
After the government announced details of the digital wallet project. Ready to issue new tax reduction measures or e-Refund, expected to have a total value of 600 billion baht.
When compared with measures to stimulate the domestic consumption sector since 2015, a total of 13 measures were counted, such as half-and-half measures and tax reduction measures. (Shop to help the nation. Shop well and get back. The more you spend, the more you get.) The proportion is less than 0.1%-1.39% of GDP.
When compared with the two upcoming projects, approximately 600 billion baht or equivalent to more than 3% of GDP.
It is therefore considered the largest measure to stimulate the consumer sector ever. This is believed to significantly stimulate private consumption and GDP growth in 2024-25.
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