Kla Tham Party
Kla Tham is proposing farmer debt measures worth 60-90 billion baht, funded by restructuring existing debt-relief budgets and using state banks, alongside the creation of a central cooperative mechanism to address debt. The party also proposes:
- A teacher debt solution worth 15 billion baht.
- A “Banking for Thais” programme offering low-interest loans worth 7.5 billion baht per year, aimed at more sustainable debt resolution.
Democrat Party
The Democrat Party is focusing on improving access to formal credit for small borrowers by using credit scoring to assess repayment behaviour, rather than requiring collateral—aiming to expand access to regulated loans.
For farmer debt, it proposes purchasing and…