Offering Debt Haircut Worth 10 Billion Baht to 3 Million Debtors
A source from the Prime Minister’s Office has revealed that in addition to the improvements to the “Khun Suu Rao Chuay” program, the government is preparing to address NPLs by offering a debt haircut worth 10 billion baht to 3 million debtors. These individuals have outstanding debts totaling 120 billion baht, which will be reduced or forgiven. While this funding amount may seem small, it is set to impact millions of people.
The target groups include individuals with low debts that have been listed on the credit bureau for an extended period and farmers who owe debts to the Bank for Agriculture and Agricultural Cooperatives (BAAC), as well as those over 70 years old….
