Thailand’s Prime Minister Prayut Chan-o-cha has voiced concerns over the spending discipline of some income earners, which he believes to be one of the causes of financial problems among Thai people.
During the government weekly talk program, General Prayut commented that the financial trouble of Thai people currently being experienced may have stemmed for materialism other than falling agro-product prices or economic slowdown.
General Prayut said the Thai government was particularly worried about agriculturists, low-wage earners, debtors of non-bank lenders and civil servants.
The premier suggested the public uphold financial discipline and His Majesty the King’s sufficiency economy philosophy to safeguard themselves against indebtedness.
He also admired the Royal Thai Army whose debt management program had succeeded in reducing debts and led to efficient financial management among security officials.