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Bangkok Post – Ministry prepares next phase of debt suspension

Farmers occupy an area along Khlong Prapa near the Finance Ministry in March 2022 as they demand the government help alleviate their debt problems. (Photo: Chanat Katanyu)

The Finance Ministry plans to launch the second phase of a three-year debt suspension scheme for farmers in April, says Deputy Finance Minister Julapun Amornvivat.

He said the ministry is drafting a proposal for the suspension scheme to submit to the Bank for Agriculture and Agricultural Cooperatives (BAAC) board.

Details such as the debt threshold were not divulged, as further cabinet approval is required.

Those with debts exceeding 300,000 baht…

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