Bangkok: The Prime Minister asks all agencies to make more effort. Find ways to help solve the debt problem of government personnel. Emphasizing that civil servants are an important part of driving the country forward. If there is overflowing debt It is considered a precursor to disaster, even though the BoT has not yet reduced policy interest rates. But the loan issuing agency has reduced the amount. Thank you and encourages government officials to get more loans in the system. Mr. Settha Thavisin, Prime Minister and Minister of Finance, chaired a press conference on progress regarding resolving the loan debt problem. to government personnel at Santimaitri Building Government House with Mr. Anutin Charnvirakul, Deputy Prime Minister and Minister of Interior, Mr. Suthin Klangsaeng, Minister of Defense, Mr. Chada Thaiset, Deputy Minister of Interior, Mr. Chulaphan Amornvivat, Deputy Minister of Finance. and Mr. Kittirat Na Ranong, Chief Advisor to the Prime Minister, attended to listen to progress reports on the operations of various agencies, a total of 11 agencies, including: Ministry of Defense Royal Thai Armed Forces Headquarters, Royal Thai Army, Royal Thai Navy, Royal Thai Air Force, Royal Thai Police Office of Basic Education Ministry of Public Health Department of Cooperative Promotion Government Savings Bank as the Association of State Financial Institutions and Krung Thai Bank Public Company Limited, as the Thai Bankers Association, report on guidelines and results of operations to solve the debt problems of government personnel in accordance with the Prime Minister's policy given since December 12, 2023, in order to ask all sectors to work together to solve debt problems. The whole system Pol. Gen. Kittirat Panphet, Deputy Commissioner of the Royal Thai Police As Vice Chairman of the Committee to Supervise the Resolution of Debt Problems in the Small Public Sector, he reported that Currently, the total debt in the entire system is over 16 trillion baht. All types of bad debt situations affect the econ omy and the quality of life of many people. Liabilities both in the system and outside the system, which are classified as home loan Car leasing, credit cards, personal loans commercial loans Agricultural sector loans loans, OD , and other debts. It was found that debt problems are complex and structurally unfair. To solve the problem, it is necessary to rely on the power of the state, both the executive power in the management of policy agencies and the regulatory agency. power of the legislature to amend the law as necessary and the power of the judiciary To bring about an appropriate and fair mediation and enforcement process. The Prime Minister issued an order to resolve the debt problem of civil servants and government personnel on December 16, 2023, requiring all government agencies, state enterprises, and government agencies to improve and determine the criteria for salary deduction for debt repayment. with a net salary remaining for living of not less than 30 percent, in line with the regulations of the Ministry of Education 2008, allowing financial institutions and savings cooperatives to set lower interest rates on welfare loans to be in line with risks. low place From the government sector overseeing and coordinating debt repayment. In addition, the Department of Cooperative Promotion should ensure that all cooperatives set appropriate interest rates and principal payments. Including using the debtor's share capital to relieve the loan debt as necessary. This is to solve the problem of welfare loan debt of government personnel. The debt is large and important. But most of them do not appear in the debt balance report of the National Credit Center. Out of the 3.1 million government personnel, excluding family members, there are 1,378 loan borrowers from various savings cooperatives, the number of debtors is 2.8 million, and there are at least 3 more banks that provide loans in the form of collective welfare, accounting for the total debt. More than 3 trillion baht. While some debtors are still repayin g debts to savings cooperatives and banks, it appears that there are many government personnel who have net income after deducting debt payments from their monthly payments. Not having enough income to survive In addition, there are many government personnel who are being prosecuted. It has become a problem that seriously and continuously affects livelihoods and needs to be resolved urgently. He stated that the operations and preparations in accordance with the Prime Minister's orders Progress has been made to a certain extent. Mr. Settha said after receiving results from the heads of government agencies and executives of all 11 organizations that solving the debt problem of government employees has progressed to a certain point. But I want every agency to make more effort to solve this problem because civil servants are an important part of driving the country forward. If there is overflowing debt It is considered a precursor to the country's disaster. Being in debt to the point of being unable to make end s meet, after working, the income is not enough to pay the interest, which may cause government personnel to turn to drugs or commit corruption to get money to pay off debt. Therefore, various sectors We must come together to find solutions to problems such as Amend the regulations and laws that Do not let people in debt have to leave government service. Salary is given after deducting debt payments and there is still 30 percent remaining. Special loans are issued. What various agencies The same thing is said. Interest reduction The Prime Minister emphasized that Understand the work of the loan issuing agency. Profit must be taken into account, which is considered an indicator of operating results. But being willing to cut costs by reducing interest to help solve the debt problem Even though the Bank of Thailand has not yet reduced the policy interest rate, we would like to thank you. At the same time, he emphasized to the Cooperative Promotion Department to participate in the project to solve the debt of g overnment personnel. By drawing more civil servants into the loan system. Even now, various agencies There will be restrictions on work to the point where the debt of government personnel has not been reduced. Having senior executives come together to work together to find appropriate solutions. We have now reached a certain point. But I want to have the ambition to help the people even more. The Prime Minister said What must be done together is increasing family income Providing housing welfare that is dignified and dignified Good medical treatment to save money Every part is an important component. Debt resolution is a process that requires attention, cooperation, and continuity. Therefore, we would like to encourage you and will request a report on progress and success again soon. We will also hasten to discuss with those involved. What cooperation should be sought? from the legislative and judicial branches In order for the debt resolution mission to be successful and continue to be fair to all involved parties.- 512 - Thai News Agency Source: Thai News Agency