Bangkok,, Government Savings Bank forgives the debt of an additional 90,000 people, helping NPLs borrowers with COVID-19 loans in accordance with government policy. In just 3 months, over 720,000 debts have been forgiven. Mr. Withai Rattanakorn, Director of Government Savings Bank, revealed that after the Prime Minister Assigning the Government Savings Bank to assist loan project debtors. To provide expenses for self-employed people affected by COVID-19, groups that have been severely affected and are still unable to recover and repay their debts. Until it has become a status of bad debt or NPLs, which the Cabinet resolved to hasten to help debtors in this group to escape from the status of NPLs in order to prevent the debtors from losing their credit history. and can also access money sources in the system in the future The bank will use the budget to compensate for damages from bad debts allocated by the government for the said loan project. Used to pay debts on behalf of debtors Which has been in operat ion since the 1st quarter of 2024, the bank has recently taken additional action on more than 90,000 cases, making it possible to help more than 720,000 debtors within a period of 3 months since the start of the measure. It is expected that in the 4th quarter of 2024 it will be able to help debtors. An additional number of more than 100,000 was added when additional budget allocation was received from the government. Incidentally, the measures to assist debtors with NPLs status of the loan project for expenses for self-employed persons affected by COVID-19 are in accordance with the Cabinet resolution on December 19, 2023, which is assistance that is carried out only once. To prevent losing financial discipline The government has a policy to push for solving debt problems for all groups of people to be successful and sustainable as a national agenda. Source: Thai News Agency