Economy
Thai Ministry of Finance Proposes 1.2 Billion Baht Aid for Student Loan Debtors
The Ministry of Finance is seeking 1.2 billion baht in emergency funding to assist 14,000 student loan borrowers, with a proposal set for the Cabinet on September 29.
According to a report by Matichon Online, the Thai Ministry of Finance is preparing to request 1.2 billion baht from the central emergency budget to support approximately 14,000 student loan borrowers who are currently in arrears. This proposal is scheduled to be submitted to the Cabinet for consideration on September 29, 2026.
As part of the proposed relief measures, the government is exploring the possibility of utilizing the 'Pao Tang' digital wallet application to facilitate the distribution of living allowances to these students. The initiative aims to alleviate the financial burden on borrowers who have struggled to maintain their repayment schedules.
For residents and expatriates, this development highlights ongoing government efforts to manage household debt and support educational accessibility. While the proposal targets specific student loan accounts, it reflects broader economic policy adjustments regarding public debt management.
It remains to be confirmed whether the Cabinet will approve the full requested amount and what specific criteria will be established for eligibility. Furthermore, the technical integration of the 'Pao Tang' app for this specific disbursement process is still subject to final government approval and implementation details. Observers should monitor the outcome of the September 29 Cabinet meeting for official confirmation of the program's scope and timeline.
