Today (18 March 2025), Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, spoke about the case in which Mr. Thaksin Shinawatra, former Prime Minister, had an idea for the government to buy back bad debts from the people. He said that debt restructuring involves both negotiating to extend the debt and reducing interest rates to allow the debtor to continue living, which in the past financial institutions have done in this way.
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