The Ministry of Finance has created an action plan for developing financial skills – a policy to generate income and reduce expenses.

Directory "Rudklao" reveals that the Ministry of Finance has created an action plan for developing financial skills. and policies to generate income, reduce expenses, and enhance skills to help Thailand step into a completely aging society. and increase financial discipline for Thai people of all ages

Mrs. Radklao Inthawong Suwankiri, Deputy Spokesperson for the Prime Minister's Office, revealed that changes in the population structure are progressing towards a completely aging society. and the lifestyle of people in a society that is becoming more consumerist It is considered one of the main challenges in Thailand. If there is a lack of good planning and cooperation to solve problems from various sectors, This challenge can lead to long-term economic and social problems. Including financial problems.

The government through the Ministry of Finance has prepared the Financial Skills Development Action Plan 2022-2027 to establish a policy framework and integration mechanism for developing Thailand's financial skills. By the action plan This covers Thai people of all ages. It has identified target groups that should urgently receive financial skills development. Due to the severity of the problem, including those with high financial vulnerability, including those experiencing severe debt problems and poverty problems. Disabled group grassroots level people, youth groups, elderly groups

In addition, the government has implemented (1) income-generating policies, such as increasing the minimum wage. and adjust the salary base for bachelor's degree graduates by 2027. There is also a policy to support soft power among farmers and small entrepreneurs. (2) Policy to reduce expenses, such as suspending farmer debt. and reducing energy costs (3) Skills enhancement policies, such as specific economic measures as appropriate to the problems of the area or group of people. Also known as Tailor-Made Policy, it takes advantage of the development of a large database (Big Data) and data analysis (Data Analytics), which can help increase the efficiency of policy implementation and deliver more assistance. Make the allocation of the limited budget that the government has available to the utmost benefit. To encourage Thai people to have increased levels of financial skills. In line with the action plan for developing financial skills. Leading to an increased level of financial skills of citizens and leading to financial well-being or economic and social outcomes that will help create stability and well-being for all citizens. go

“Pushing forward these plans and policies to achieve results. It requires the integration of operations of many sectors. Both management levels to the level of collecting and developing spatial data This will allow us to solve problems specifically and to the point as appropriate. With the needs of each person, the beginning of financial problems can occur at the individual, household, district, and provincial levels. The beginning of financial problems Whether it be at the individual, household, district and provincial levels,” Mrs. Radklao said. - Thai News Agency

Source: Thai News Agency

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