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Monday, April 29, 2024

PM says government will make tackling household debt a priority in 2022

The Thai PM has used his New Year address on Facebook to reassure citizens that 2022 will be the year the government tackles household debt. PM Prayut Chan-o-cha says the government will focus on accelerating economic recovery and dealing with household debt in 2022. According to a Bangkok Post report, he acknowledges the economic hardships caused by the pandemic and associated lockdowns and restrictions, but praised the various stimulus measures put in place by his government.

“I’m pleased that the measures have shown signs of easing people’s plight.”

The PM says the re-opening of the country has helped to ease the situation somewhat and kick-started the economy. Across the service, industrial, and farming sectors, he says confidence has been buoyed and investments are looking up. The PM says government relief packages have maintained the public’s purchasing power and…

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