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The Government Housing Bank's booth at Money Expo 2024. The bank has been instructed to extend the home loan repayment period up to a maximum age of 85 among borrowers. (Photo:.bangkokpost.com)

෴ Bad debts in housing hinder Thailand's economic growth​

Thailand’s economic cabinet has directed the Finance Ministry and the Bank of Thailand (BoT) to expedite addressing household debt, particularly bad debts in housing, cars, motorcycles, credit cards and student loans as the economy has yet to see clear signs of recovery.
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