BANGKOK, Thailand – Prime Minister Paetongtarn Shinawatra revealed that the Cabinet has approved debt relief measures to support individual borrowers, small and medium enterprises (SMEs), and vulnerable groups, December 11. These measures aim to address non-performing loans (NPLs) of up to 5,000 Baht, allowing borrowers to clear their debts and improve their financial standing.
The initiative, proposed by the Ministry of Finance, includes debt restructuring to reduce principal and interest payments for borrowers meeting specific conditions. This will help protect assets…
