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Tuesday, May 14, 2024

Minister considers cutting debt burden

People discuss financial deals at a Government Savings Bank booth at a Money Expo. Mr Krisada ordered the bank to set a menu for debt restructuring of household debt and extend repayment periods. (Photo: Nutthawat Wicheanbut)

One way to ease household debt would be to reduce the amount owed for those who are ready to solve their problems, says Deputy Finance Minister Krisada Chinavicharana.

He said the reduction of the burden for debtors at state-owned financial…

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