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Debt relief proposed for 10.3m people

PM outlines measures including lower interest rates, debt suspension and consolidation

Prime Minister Srettha Thavisin announces measures to tackle debt problems of 10.3 million people during a press conference at Government House on Tuesday. (Photo: Chanat Katanyu)

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,…

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