Thai economy improving but household debt a problem - FinMin
(marketscreener) Thailand's economy is improving but the country is facing issues with people's debt and the government will seek to ease probl... Thai economy improving but household debt a problem BANGKOK, Sept 26 (Reuters) - Thailand's economy is improving but the country is facing issues with people's debt and the government will seek to ease problems in the longer term, Finance Minister Arkhom Termpittayapaisith said on Monday. Support would include new funding and debt restructuring Arkom said. (Reporting by Orathai Sriring, Kitiphong Thaichareon, Satawasin Staporncharnchai; Editing by Martin Petty)
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BANGKOK, Sept 26 (Reuters) - Thailand's economy is improving but the country is facing issues with people's debt and the government will seek to ease problems in the longer term, Finance Minister Arkhom Termpittayapaisith said on Monday.
Support would include new funding and debt restructuring Arkom said. Household debt in Thailand was about 89% of gross domestic product at the end of March, one of Asia's highest rates. (Reporting by Orathai Sriring, Kitiphong Thaichareon, Satawasin Staporncharnchai; Editing by Martin Petty)
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