More than half of farmers' loans unlikely to be repaid

🇹🇭 Bangkok Post (TH) —

AI Summary

A study reveals that over half of farmers in Thailand are unlikely to repay their loans due to aging demographics, which puts pressure on the agricultural sector's financial viability. This situation raises concerns about agricultural sustainability and farmer support.

More than 50% of farmer debtors are unlikely to fully repay their debts within their lifetime, largely because most of them are elderly, according to the Puey Ungphakorn Institute for Economic Research (PIER).

Markets Health Commodities farm loans repayment issues Thailand aging farmers agricultural sector

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