In a bid to throw a lifeline to millions of debt-ridden denizens, Thailand is expanding the beloved “You Fight, We Help” debt relief initiative. This widening of the safety net means that everyone from those whose debt is a mere day old to those battling arrears for over a year can now avail this crucial support. Thanks to the fresh provisions, endorsed by the Cabinet, debtors ranging from brand-new bills to one-year-old obligations, up to 30 days past due, are now in the mix for much-needed relief. The grand revamp is projected to open the doors to financial salvation for an additional two million distressed accounts, translating to a whopping debt landscape of 310 billion baht, as revealed by Deputy Finance Minister Paopoom Rojanasakul. Previously, the program’s arms only embraced those ensnared in debts aged between 30 and 365 days. With this latest tweak, a broader swath of individuals teetering…
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