A booth operated by BAAC at a recent edition of Money Expo. Farmers who are customers of BAAC may be eligible for the debt repayment suspension. Nutthawat Wicheanbut
The debt suspension scheme for farmers fails to address the root cause of the debt problem, says Somporn Isvilanonda, a senior academic at the Knowledge Network Institute of Thailand.
He said over the past decade, several governments have implemented debt suspension measures for farmers, totalling 13 programmes, but farmers are still debt-ridden.
The current government measures do not include any methods to increase farmers’ income, meaning they will…
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