Dec 2, 2023
Out-of-System Debt Relief Scheme in Thailand Attracts Participants
A businesswoman dealing with overwhelming debt has registered for a government-outlined debt relief scheme, following the Prime Minister's focus on resolving out-of-system debt issues. The Ministry of Interior has initiated the registration process for debtors and creditors. The first day saw 258 registrations amounting to a total debt of 11,160,370 baht. The scheme aims to assist individuals burdened with debts from multiple lenders, such as a 37-year-old woman who owes 150,000 baht to 14 lenders.