Thai c.bank wants to see household debt below 80% of GDP

Kitco Media
By Reuters
Published:
Updated:
Reuters
BANGKOK, Feb 14 (Reuters) - Thailand's central bank said it wanted to see household debt levels below 80% of gross domestic product to help reduce economic and financial risks, an official said on Tuesday. Measures introduced so far and a recovery in the economy might not be sufficient to bring down the debt level below 80% of GDP, Assistant governor Suwannee Jatsadasak told a news conference. (Reporting by Orathai Sriring, Kitiphong Thaichareon and Satawasin Staporncharnchai Editing by Ed Davies)

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