Thai PM vows to tackle informal debt to revive economy

Thai PM vows to tackle informal debt to revive economy

The Straits Times - Asia·2023-11-28 15:08

BANGKOK - Thailand will prioritise tackling informal debt to revive the economy, Prime Minister Srettha Thavisin said on Tuesday.

"Informal debt is like modern-day slavery that destroys dreams ... and a chronic problem," he told a press conference, adding the government would coordinate with police to prevent unregulated lending.

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