Doesn't add up? - October
6, 2005
Cormac notes: The front page of the Nation yesterday
covered a government policy aimed at easing personal debt (PERSONAL
DEBT: Relief plan under attack, The Nation, October 4, 2005).
Ministers were quoted (in several places, and highlighted in subheadings)
as saying that the programme would cover debtors whose bills did
not exceed Bt200,000; and that about 100,000 debtors would be
eligible, with total debts of Bt30 billion. That works out at
an average of Bt300,000 per debtor.
Doesn’t add up?
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