PM outlines measures including lower interest rates, debt suspension and consolidation
Prime Minister Srettha Thavisin has announced relief measures, including debt suspension and reduced interest rates, to help resolve debt problems faced by 10.3 million people.
The government hopes the measures will help to pare down household debt totalling 16 trillion baht, or 90% of gross domestic product, which has become an major drag on the economy.
At a news conference on Tuesday, Mr Srettha divided the debtors into four groups: those who were affected by the Co…
Read the full article at: https://www.bangkokpost.com/thailand/general/2703999/debt-relief-proposed-for-10-3m-people