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Monday, May 6, 2024

Nationwide informal debt mediation operations to start on Monday

The Ministry of Interior, via the Provincial Administration Department, will begin nationwide informal debt mediations, as part of the “debt solving market place” program, at provincial halls and municipal offices on Monday.

Kittiratt Na-Ranong, chief advisor to the prime minister, will preside over the program launch ceremony, at the Nakhon Nonthaburi municipal office, tomorrow morning, said Government Spokesman Chai Wacharonke.

According to the “debt solving market place” program, informal debtors and their lenders, who have registered to settle their debts since December 1st, will meet at the halls or offices to settle their debts, with representatives from the Government Savings Bank and the Bank of Agriculture and Agricultural Cooperatives, Pico Finance and the Office of Attorney-General acting as mediators.

Since the government launched the policy to solve the informal…

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