Bangkok, April 2 – The government is moving forward to solve farmers' debt problems in a targeted manner. by developing and integrating database links systematically
Mr. Anucha Burapachaisri Deputy Secretary-General to the Prime Minister for Political Affairs Acting as a spokesman for the Prime Minister's Office, revealed that the government through relevant agencies join forces to drive the development and integration of database links systematically. To lead to push forward a targeted way to solve farmers' debt problems. on point and sustainable According to government policy and General Prayut Chan-o-cha, Prime Minister and Minister of Defense which gives importance to people in the agricultural sector and the country's grassroots economy This is another important mechanism for the development and driving Thailand towards the future goals set together.
Most recently, on March 17, 2023, the Bank of Thailand (BOT) and representatives of 14 government agencies signed a memorandum of cooperation in developing a database to solve Thai farmers' debt problems. which the signing of such memorandum To jointly develop a database that can reflect the debt status and economic potential of farmer households. through links to important national databases which will be the cornerstone of education It will also create an understanding of the causes and root causes of the debt problems of various groups of agricultural households. It is also an important starting point for policy makers and financial institutions to use in designing. and push forward solutions to solve debt problems for farmers more precisely and more sustainably
Mr. Anucha said The database of farmer households that will be linked under this collaboration includes the household debt and asset database from the Bank for Agriculture and Agricultural Cooperatives (BAAC), the National Village and Urban Community Fund Office. Department of Cooperative Promotion and the Office of the Permanent Secretary, Ministry of Agriculture and Cooperatives Farmer, Livestock, Fisheries and Disaster Risk Registration Database from the Department of Agricultural Extension Office of Agricultural Economics and the Rubber Authority of Thailand A database that reflects the potential of farming, such as product standard registration and organic farming. from the Rice Department Department of Agriculture and the Land Development Department A database that reflects the structure of occupation, income and poverty in many dimensions of farmers who register for state welfare. from the Office of the Permanent Secretary, Ministry of Finance income and welfare database from the Department of Community Development and a database of suitability in agriculture from the National Electronics and Computer Technology Center by the Bank of Thailand will act as an information manager And the Office of the Personal Data Protection Commission will provide advice and support. In order to make use of information together in accordance with good information governance principles and in accordance with the law on personal data protection
Mr. Anucha emphasized that The information obtained from the cooperation of related agencies and the Bank of Thailand is useful for policy makers and financial institutions. in pushing for a holistic way to resolve farmers' debts This will eventually return the benefits to the wider agricultural households, including (1) the use of data in the study. Designing and pushing for solutions to existing debt that can help households pay more debt and be able to get out of debt in the long run. and (3) using data to design immunization guidelines. financial literacy and integrating debt relief with revenue-generating projects. and the potential of agricultural households At the same time, it will also be an important model for creating cooperation in the field of government agencies. in increasing the efficiency of public policy implementation as well .-Thai News Agency
Source: Thai News Agency