Govt urged to promote savings as society ages

The government is being advised to improve savings-related regulations in order to build up financial security, particularly for the elderly.

Danucha Pichayanan, secretary-general of The National Economic and Social Development Council (NESDC), said the state planning unit is about to propose the government improve regulations in relation to savings to encourage Thai people to increase their savings which would create greater financial security and reduce the government’s financial burden over the long term.

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Bangkok Post Reporter