Mr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, announced the results from the meeting of the Economic Policy Committee, stating that the committee approved the “Project to Resolve Retail Bad Debt through Debt Purchase Mechanisms by Asset Management Companies (AMC)” to provide a sustainable solution to public debt problems.
Mr. Ekniti said the Ministry of Finance is working closely with the Bank of Thailand (BOT) and the Thai Bankers’ Association to assist debtors classified as non-performing loans (NPL) and unsecured debtors from the past up to September 30, 2025. The program will cover debts not exceeding 100,000 baht per person, totaling about 4.76 million accounts from approximately 3.5 million…