2024 07 03 FCCT Burdens and goals Thai household debt, its economic impacts and future projections

Thai household debt rose to 93.1% by the end of 2023 and despite calls from numerous parties including Prime Minister Srettha Thavisin himself, the Bank of Thailand kept interest rates steady at a decade-high of 2.5%.
As both people and companies struggle to deal with increasing debt, foreign capital outflows, higher-than-forecasted inflation and lower-than-forecasted growth, the country needs to consider the future.
Come listen to our panel of economics experts to learn more about the subject, and what it means for the average Thai, as well as the companies that make up the economy.
Panelists:
Surapol Opasatien, chief executive officer, National Credit Bureau.
Santi Chaisrisawatsuk, Faculty of Economic Development, National Institute of Development Administration (NIDA).
Thitima Chucherd, director, economics and financial market research, SCB EIC.
Moderator: Nick Bernhardt, FCCT treasurer.