Anutin” Minister of Interior discusses resolving informal debt for the first time. Set up a subcommittee There is the Permanent Secretary of the Interior sitting at the head of the table. Ready to approve measures to solve 3 areas

Mr. Anutin Charnvirakul, Deputy Prime Minister and Minister of Interior Said after chairing a meeting of the informal debt management committee that the meeting agreed to set up a subcommittee to oversee the resolution of informal debt problems. with the Permanent Secretary of the Ministry of Interior as chairman and representatives of relevant government agencies and has a director Bureau of Investigation and Legal Affairs Serve as a subcommittee and secretary of the subcommittee.

‘As for measures to solve the problem of debt outside the system, It is divided into a 3-sided system consisting of 1. Debt reconciliation. with the Department of Administrative Organization as the main host and the Office of the Attorney General joins in supporting From the start of registration closing until 18 Dec. 2023 (at 11:30 a.m.), it appears that 99,484 debtors have registered, with a debt value of 5,926 million baht. During such registration, creditors were invited. The debtor comes to mediate using administrative mechanisms. Integrate with the police and prosecutors By means of the creditor-debtor being able to mediate, a compromise record will be made as evidence. Currently, 20 cases have been processed,’ said the Minister of Interior.

Mr. Anutin said 2.Law enforcement The Royal Thai Police is the responsible agency. By integrating with administrative officials such as the provincial governor, district chief, and having kamnans and village headmen as assistants. The Royal Thai Police has already prosecuted some creditors who have used violence against debtors. Including calling creditors to understand the government’s policy in solving the problem of informal debt. 3. In terms of providing financial assistance, the Ministry of Finance will be the host. Collaborate with government financial institutions in releasing low-interest credit lines with few conditions, with a credit limit not exceeding 50,000/person and there may be a grace period for repaying the principal. and other agencies Related parties will come to help the debtor according to the cause of the debt. According to the authority of agencies such as the Ministry of Labor The Ministry of Interior provides support. Finding additional careers Support factors of production

‘The interest rate that the debtor loses It will be at a lower level than what was lost before, such as 2 percent / day, 10 percent / month or 20 / month, specifying 0.75 / month or not more than 1.5 % / month if the debtor is creditworthy. Have a definite income The interest rate will be within this range. After this, there would be no need to argue about whether it was fair or not. Because the number is higher than this The debtor has already borne it. This part is government assistance. Want to solve the problem as much as possible After this, the committee will meet every month. To listen to the actions of operational departments such as the Department of Provincial Administration, Police, Finance, who will raise money to help solve the problem of informal debt as much as possible.’ Minister of the Interior Said.-317.

Source: Trend News Agency