On June 11 at 9:30 AM, during a special committee meeting to consider the 2026 fiscal year budget bill at Parliament, Deputy Finance Minister Julpan Amornvivat chaired a session with four key agencies: Ministry of Finance, National Economic and Social Development Council, Bank of Thailand (BOT), and Budget Bureau to explain the country's economic situation.
Bhumjaithai Party MP Chada Thaiseth from Uthai Thani delivered pointed criticism of economic policies, questioning the Bank of Thailand's oversight role. Speaking from his perspective as a farmer, Chada argued that money isn't reaching grassroots communities while agricultural prices remain low, and banks continue charging fees without proper oversight.
Key criticisms raised by MP Chada:
- Banking oversight concerns: Questioned who controls banks and why BOT allows money to flow only into construction projects rather than developing workforce skills
- Comparison to Indonesia: Cited Indonesia's approach of providing monthly payments for research development, suggesting Thailand should redirect the 10,000 baht digital wallet funds toward students and middle-class citizens
- Social inequality: Warned that without social media providing new opportunities for direct sales, lower-income groups might revolt against capital groups
- Digital wallet program blockage: Criticized that while Pheu Thai campaigned on digital wallet promises, the program faces obstacles once in government
- Political party rights: Argued that elected parties should have the right to implement policies for the poor, expressing frustration that "when trying to help the truly poor and lower class, you won't let us do it"
Chada, drawing on eight years of budget committee experience, demanded clear answers from BOT about bank supervision authority, fee-setting powers, and questioned whether banks operate as uncontrolled traders. He emphasized that current economic stimulus relies too heavily on construction contracts rather than reaching citizens directly.