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Sunday, May 12, 2024

Overwhelmed businesswoman registers for Thai government’s debt relief scheme

Photo courtesy of KhaoSod

A businesswoman, burdened with an overwhelming debt, has registered for an out-of-system debt relief scheme.

She owes money to 14 lenders and faces the daily challenge of finding more than 7,000 baht for interest payments at a rate of 20%. This move comes after the government, under Prime Minister Srettha Thavisin, has been focusing on resolving out-of-system debt issues for citizens nationwide. The Ministry of Interior has been instructed to facilitate registration for debtors and creditors since yesterday, December 1, until February 29 next year.

Today, December 2, Nattapatch Putsa, the District Office Chief of Mueang Nakhon Ratchasima, revealed that after the launch of the registration, both debtors and creditors have been actively participating. On the first day of the registration, a stressed businesswoman registered for the debt relief scheme. She…

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