Government efforts to tackle informal debt and loan sharks are a good starting point to reduce the household debt crisis, but this could prove a strenuous task, say researchers and industry leaders.
They urged the government to focus on the root of this long-standing problem by ensuring fair income distribution and economic benefits, creating high-income employment opportunities for people.
Prime Minister Srettha Thavisin said resolving the informal debt problem, which he likened to modern-day slavery, is…
