Financial education key to growth
Amid downgrades in economic growth forecasts pressured by protracted global trade uncertainties and strong baht lies a perennial social problem: swelling household debt.
While the Bank of Thailand (BoT) has taken stern steps to bring down the borrowing level by tightening its grip on mortgage to personal loans, launching financial education from our kindergartens to 12th grade (K-12) may be a long-lasting solution the country needs to cultivate a financially prudent society.
Bundit Kertbundit
