A total of 105,482 borrowers have signed up since the beginning of December for government assistance in tackling their informal indebtedness, estimated at about 6.5 billion, Government Spokesman Chai Wacharonke said on Friday.
So far, authorities have succeeded in mediating debt settlements for 224 borrowers, out of the 1,294 cases currently in the mediation process, and the amount of debt has been reduced from 133.5 million to about 44 million baht, he said, adding that applications for assistance will be accepted until March 31st.
Of all the borrowers who have registered this month, 92,235 have applied through the online system, which helps to protect their identities from public scrutiny. Altogether 76,223 informal money lenders are identified in those applications.
Bangkok has seen the most applications for help. The five top provinces are:
- Bangkok, 6,649 borrowers, 5,692…
