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Friday, May 3, 2024

Govt to reveal new debt relief package

Students, teachers, SMEs to get help

The government will announce a new debt relief package for several groups, including former students repaying their student loans, teachers and small- and medium-scale business owners, Prime Minister Srettha Thavisin said on Wednesday.

The package, also to be made available to those paying off loans to non-bank creditors, may come towards the end of this month, he said.

On Tuesday, new guidelines were drafted by the government committee set up to solve debt problems.

They are aimed at helping former students struggling to repay their loans to cope better with their debt repayments.

The guidelines were also expanded to…

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