Julphan, leader and prime ministerial candidate of the Pheu Thai Party, pointed out that the Bank of Thailand's Monetary Policy Committee's 0.25% interest rate cut helps ease debtor burdens and aligns with Pheu Thai's debt relief policy.
On 18 Dec 2025 GMT+7, Julphan Amornwiwat, leader and prime ministerial candidate of the Pheu Thai Party, posted on his Facebook page that yesterday the Monetary Policy Committee cut interest rates, which is good news for debtors including workers, merchants, farmers, and small business operators struggling with debt amid a slowing economy.
Julphan noted that last week the U.S. Federal Reserve cut interest rates three consecutive times, clearly signaling that the global economy needs support. He proposed that Thailand should take advantage of this moment to benefit its people as much as possible, not allowing high interest rates to further burden those in hardship.
With the Monetary Policy Committee's unanimous decision to cut the policy interest rate by 0.25% to 1.25% per year, effective immediately, this sends an important signal that the government is increasingly "standing with debtors" while incomes have not fully recovered.
Julphan stated that this rate cut will directly ease debtor burdens. Payments for homes, cars, and various loan interests have the chance to decrease, leaving more money in people's pockets to buy necessities, care for families, or cover daily expenses.
For indebted SMEs and farmers, the lower interest means reduced financial costs. Borrowing for business is less drained by interest, helping them sustain operations, await economic recovery, and have a chance to fight on.
All of this aligns with the stance and policy of the Pheu Thai Party that I announced yesterday — the concept of a "debt relief policy" to reduce old burdens and restore new strength, giving people a chance to regain footing. Solving economic problems must start by allowing Thais to "breathe" first, so the country can move forward strongly.