Banker slams parties' household debt vows - News Summed Up

Banker slams parties' household debt vows


In the run-up to the election, debt relief featured prominently in the policy platforms of many political parties. Mr Piti warned several of the debt relief campaigns reflect a limited understanding of Thailand's household debt problem. Behind the headline numbers of household debt lie very different causes and circumstances for individual borrowers, said Mr Piti. HEAVY BURDENConcerns over the fiscal and behavioural impact of debt relief policies were echoed by independent researchers. The TDRI said the approach is unlikely to be sustainable because it does not address the structural causes of household debt.


Source: Bangkok Post February 08, 2026 23:06 UTC



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