The Thai government is expected to announce new measures today to solve the debt problems of Thai people, after it was revealed that, by the end of last year, household debt had soared by 3.7% year-on-year to 13.7 trillion baht, including 1.05 trillion baht in non-performing loans (NPLs).
Prime Minister Srettha Thavisin, who is also finance minister, Interior Minister Anutin Charnvirakul and the national police chief, Pol Gen Torsak Sukvimol, are expected to hold a press conference today on the new measures to solve indebtedness, among which are those who are still being affected by the impacts of the COVID pandemic, people without fixed incomes, leasing debtors, student loan debtors and those who have NPLs with state-run financial institutions.
Of this staggering 13.7 trillion baht of debt, loans on which payments are overdue for more than 90 days (NPLs), involving about three…
