He said the indebtedness was caused by salaries not being enough to cope with the cost of living and increasing prices of products. Those who already have debts have to be careful when spending and repaying the debt. He said workers are requesting the government to increase wages to keep pace with the current cost of living. They believe the current wage is too low when compared to the increasing cost of living. They might lack the liquidity to increase the wages and may have to reduce the workforce instead.

Source: The Nation Bangkok April 29, 2022 12:12 UTC