EconThai, the Employers’ Confederation of Thai Trade and Industry, called on the government to hasten steps to alleviate the heavy domestic debt burden, aiming to aid not only farmers but also middle-income earners who are bearing substantial financial loads.
EconThai Vice-Chairman, Tanit Sorat, highlighted the necessity for debt suspension measures to be inclusive, covering a wide range of individuals in need, from farmers and owners of small and medium-sized businesses to middle-income earners. He further emphasised that the suspension should encompass both principal and interest.
This call to action came in the wake of a recent decision by the Cabinet to endorse a new three-year debt moratorium for farmers and small businesses. Further details on this debt relief plan are expected once a two-week study by the Finance Ministry reports.
Middle-income earners,…
