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District officers instructed to help solve informal debt problem

District officers instructed to help solve informal debt problem

13 Sept 21:15 Key points summarised by AI
  • Interior Minister Anutin Charnvirakul directed district officers and police nationwide to actively address the informal debt crisis and support affected debtors.
  • Past efforts to register informal debtors failed as many feared retaliation from "influential" creditors who charge exploitative interest rates.
  • The ministry awaits a comprehensive government policy announcement from the Prime Minister on Tuesday, detailing broader debt relief strategies for various groups.
  • This initiative is part of the government's wider commitment to reduce poverty and improve the quality of life, particularly for low-income earners like farmers.
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