The Bank of Thailand plans to implement new measures to ease household debt, focusing on lower-income borrowers.
The central bank, in collaboration with the government and the private sector, has been considering household debt solutions, particularly to assist vulnerable borrowers classified as lower-income earners.
Helping this group of borrowers to increase its income is a major goal to strengthen their capability for debt repayment, said central bank deputy governor Ronadol Numnonda.
The low income…