34.9 C
Bangkok
Saturday, May 11, 2024

Govt offers schemes to reduce household debt

People receive financial services at a branch of the Government Savings Bank on Feb 23, 2022. (Photo: Somchai Poomlard)

The government aims to bring household debt down to less than 80% of gross domestic product (GDP) while offering various debt-settlement measures to help people who are struggling, deputy government spokeswoman Rudklao Suwankiri said on Friday.

According to the Bank of Thailand, household debt came to 16 trillion baht, or 90.6% of GDP, in the first…

Read more…

Latest Articles