Bangkok, The private sector believes the 10,000 baht top-up project via Digital Wallet will help stimulate the economic engine to move forward, supporting GDP in 2025. Dr. Pacharapoj Nantaramas, Executive Vice President and Chief Economist of Krung Thai Bank, revealed that Krung Thai expects GDP in 2024 to be at 2.7%, slightly reduced from the original forecast. The main factor comes from accelerating disbursement. Budget for 2024, including if there are policy measures such as FTAs ??or measures to stimulate tourism. It will further help support the Thai economy to grow even more this year. By adjusting economic forecasts It does not yet include the 10,000 baht top-up project via Digital Wallet, which the government estimates that the project will result in an increase in GDP of 1.2 - 1.6%. We still have to wait and see. When will the project start? According to the news, it is expected that the project will be approved in the 4th quarter of this year, so it is seen that it will not have much effect on the GDP in 2024, but it will likely have a major effect on the GDP in 2025. However, we still need to keep an eye on the Iran-Israel conflict if it drags on. To the point of closing the oil export route or not? Will this cause the world economy to decline or not, which will also affect the Thai economy? Meanwhile, Mr. Therdsak Thaweethiratham, Deputy Managing Director, Research Division, Asia Plus Securities, sees that the Thai economy is now beginning to gain momentum from the disbursement of the budget in 2024 and, most recently, the Cabinet approved the top-up project. 10,000 baht through Digital Walle will be a boost to the Thai economy and the Thai stock market. However, when stimulating the economy with high-value money The stakes will be high as well. When 500 billion baht of money enters the system and the engine starts You can move forward. There will be no risk. But if the engine stumbles and then died in the middle of the road Therefore still need to keep a close eye on that But if we look at the sp ending plan, there are two cycles: the cycle that citizens spend with shops and the second cycle that shops use to spend so they can exchange money. It should give a picture of the rotation in the period of 6 months to 1 year and we must follow the signs of the economic engine to see how far it can move forward. Source: Thai News Agency